Shriram Asset Management Co reports standalone net profit of Rs 0.61 crore in the June 2016 quarter

Sales rise 16.67% to Rs 0.21 crore

Net profit of Shriram Asset Management Co reported to Rs 0.61 crore in the quarter ended June 2016 as against net loss of Rs 0.42 crore during the previous quarter ended June 2015. Sales rose 16.67% to Rs 0.21 crore in the quarter ended June 2016 as against Rs 0.18 crore during the previous quarter ended June 2015. ParticularsQuarter EndedJun. 2016Jun. 2015% Var.Sales0.210.18 17 OPM %-228.57-238.89 -PBDT0.62-0.41 LP PBT0.61-0.42 LP NP0.61-0.42 LP

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