V2 Retail reports standalone net loss of Rs 1.75 crore in the March 2017 quarter

Sales rise 35.03% to Rs 107.20 crore

Net Loss of V2 Retail reported to Rs 1.75 crore in the quarter ended March 2017 as against net loss of Rs 2.48 crore during the previous quarter ended March 2016. Sales rose 35.03% to Rs 107.20 crore in the quarter ended March 2017 as against Rs 79.39 crore during the previous quarter ended March 2016.

For the full year,net profit rose 206.16% to Rs 37.26 crore in the year ended March 2017 as against Rs 12.17 crore during the previous year ended March 2016. Sales rose 47.35% to Rs 471.42 crore in the year ended March 2017 as against Rs 319.94 crore during the previous year ended March 2016.

 

ParticularsQuarter EndedYear EndedMar. 2017Mar. 2016% Var.Mar. 2017Mar. 2016% Var.Sales107.2079.39 35 471.42319.94 47 OPM %2.511.46 -8.279.80 - PBDT2.43-1.44 LP 32.3720.65 57 PBT0.67-2.61 LP 25.6516.24 58 NP-1.75-2.48 29 37.2612.17 206

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