STI India has reported results for fourth quarter and year ended March 31, 2017.
The company has reported a net loss of Rs 3.29 crore for the quarter ended March 31, 2017 as compared to a net loss of Rs 16.84 crore for the same quarter in the previous year. However, total income of the company increased by 43.51% at Rs 12.41 crore for quarter under review as compared to Rs 8.65 crore for the quarter ended March 31, 2016.
For the year ended March 31, 2016, the company has posted a net loss of Rs 7.98 crore as compared to a net profit of Rs 24 crore for the same period in the previous year. However, total income of the company increased marginally by 0.39% at Rs 46.97 crore for year under review as compared to Rs 46.79 crore for the year ended March 31, 2016.
