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Emami Paper Mills standalone net profit declines 94.02% in the March 2017 quarter

Capital Market 

Sales rise 110.26% to Rs 300.84 crore

Net profit of Paper Mills declined 94.02% to Rs 1.40 crore in the quarter ended March 2017 as against Rs 23.40 crore during the previous quarter ended March 2016. Sales rose 110.26% to Rs 300.84 crore in the quarter ended March 2017 as against Rs 143.08 crore during the previous quarter ended March 2016.

For the full year,net profit declined 7.09% to Rs 25.94 crore in the year ended March 2017 as against Rs 27.92 crore during the previous year ended March 2016. Sales rose 111.28% to Rs 1138.35 crore in the year ended March 2017 as against Rs 538.80 crore during the previous year ended March 2016.

ParticularsQuarter EndedYear EndedMar. 2017Mar. 2016% Var.Mar. 2017Mar. 2016% Var.Sales300.84143.08 110 1138.35538.80 111 OPM %5.3910.57 -11.108.77 - PBDT14.7010.98 34 87.8437.49 134 PBT0.223.90 -94 32.9910.81 205 NP1.4023.40 -94 25.9427.92 -7

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

First Published: Wed, May 17 2017. 15:09 IST
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