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Friday, November 23, 2007
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General Market Live News
Nov 21 2007 6:06PM
Vax Housing Finance Corporation reports no profit in the March 2007 quarter

Vax Housing Finance Corporation reported no profit in the quarter ended March 2007 as against net profit of Rs 0.01 crore during the previous quarter ended March 2006. Sales declined 77.27% to Rs 0.05 crore in the quarter ended March 2007 as against Rs 0.22 crore during the previous quarter ended March 2006.

For the full year, net profit rose 100.00% to Rs 0.02 crore in the year ended March 2007 as against Rs 0.01 crore during the previous year ended March 2006. Sales declined 54.90% to Rs 0.23 crore in the year ended March 2007 as against Rs 0.51 crore during the previous year ended March 2006.

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