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JK Paper standalone net profit rises 278.24% in the March 2017 quarter

Capital Market 

Sales rise 7.42% to Rs 698.88 crore

Net profit of rose 278.24% to Rs 56.32 crore in the quarter ended March 2017 as against Rs 14.89 crore during the previous quarter ended March 2016. Sales rose 7.42% to Rs 698.88 crore in the quarter ended March 2017 as against Rs 650.60 crore during the previous quarter ended March 2016.

For the full year,net profit rose 167.50% to Rs 162.83 crore in the year ended March 2017 as against Rs 60.87 crore during the previous year ended March 2016. Sales rose 7.85% to Rs 2628.61 crore in the year ended March 2017 as against Rs 2437.25 crore during the previous year ended March 2016.

ParticularsQuarter EndedYear EndedMar. 2017Mar. 2016% Var.Mar. 2017Mar. 2016% Var.Sales698.88650.60 7 2628.612437.25 8 OPM %20.4014.60 -19.4916.05 - PBDT108.2152.28 107 351.24206.43 70 PBT78.9223.24 240 231.7189.21 160 NP56.3214.89 278 162.8360.87 168

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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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