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SMIFS Capital Markets standalone net profit declines 90.30% in the March 2019 quarter

Capital Market 

Sales decline 14.21% to Rs 11.35 crore

Net profit of SMIFS Capital Markets declined 90.30% to Rs 0.13 crore in the quarter ended March 2019 as against Rs 1.34 crore during the previous quarter ended March 2018. Sales declined 14.21% to Rs 11.35 crore in the quarter ended March 2019 as against Rs 13.23 crore during the previous quarter ended March 2018.

For the full year,net profit declined 78.41% to Rs 0.57 crore in the year ended March 2019 as against Rs 2.64 crore during the previous year ended March 2018. Sales declined 12.70% to Rs 44.19 crore in the year ended March 2019 as against Rs 50.62 crore during the previous year ended March 2018.

ParticularsQuarter EndedYear EndedMar. 2019Mar. 2018% Var.Mar. 2019Mar. 2018% Var.Sales11.3513.23 -14 44.1950.62 -13 OPM %-20.00-2.04 --7.20-2.03 - PBDT0.170.38 -55 1.351.58 -15 PBT0.020.22 -91 0.740.93 -20 NP0.131.34 -90 0.572.64 -78

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(This story has not been edited by Business Standard staff and is auto-generated from a syndicated feed.)

First Published: Sat, June 01 2019. 16:58 IST
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