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Globus Spirits standalone net profit declines 86.57% in the March 2017 quarter

Capital Market 

Sales rise 10.31% to Rs 210.67 crore

Net profit of Globus Spirits declined 86.57% to Rs 0.58 crore in the quarter ended March 2017 as against Rs 4.32 crore during the previous quarter ended March 2016. Sales rose 10.31% to Rs 210.67 crore in the quarter ended March 2017 as against Rs 190.98 crore during the previous quarter ended March 2016.

For the full year,net profit declined 28.07% to Rs 9.02 crore in the year ended March 2017 as against Rs 12.54 crore during the previous year ended March 2016. Sales rose 11.66% to Rs 789.12 crore in the year ended March 2017 as against Rs 706.70 crore during the previous year ended March 2016.

ParticularsQuarter EndedYear EndedMar. 2017Mar. 2016% Var.Mar. 2017Mar. 2016% Var.Sales210.67190.98 10 789.12706.70 12 OPM %4.3311.54 -7.129.89 - PBDT3.1119.42 -84 43.1156.88 -24 PBT-8.064.34 PL 5.0214.72 -66 NP0.584.32 -87 9.0212.54 -28

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

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