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Morarjee Textiles standalone net profit declines 43.65% in the March 2017 quarter

Capital Market 

Sales rise 12.85% to Rs 90.89 crore

Net profit of declined 43.65% to Rs 4.08 crore in the quarter ended March 2017 as against Rs 7.24 crore during the previous quarter ended March 2016. Sales rose 12.85% to Rs 90.89 crore in the quarter ended March 2017 as against Rs 80.54 crore during the previous quarter ended March 2016.

For the full year,net profit declined 1.88% to Rs 16.21 crore in the year ended March 2017 as against Rs 16.52 crore during the previous year ended March 2016. Sales rose 10.77% to Rs 368.31 crore in the year ended March 2017 as against Rs 332.50 crore during the previous year ended March 2016.

ParticularsQuarter EndedYear EndedMar. 2017Mar. 2016% Var.Mar. 2017Mar. 2016% Var.Sales90.8980.54 13 368.31332.50 11 OPM %20.9718.50 -18.3016.68 - PBDT8.819.75 -10 34.3033.56 2 PBT3.747.20 -48 15.8723.60 -33 NP4.087.24 -44 16.2116.52 -2

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(Only the headline and picture of this report may have been reworked by the Business Standard staff; the rest of the content is auto-generated from a syndicated feed.)

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Morarjee Textiles standalone net profit declines 43.65% in the March 2017 quarter

Sales rise 12.85% to Rs 90.89 crore

Sales rise 12.85% to Rs 90.89 crore

Net profit of declined 43.65% to Rs 4.08 crore in the quarter ended March 2017 as against Rs 7.24 crore during the previous quarter ended March 2016. Sales rose 12.85% to Rs 90.89 crore in the quarter ended March 2017 as against Rs 80.54 crore during the previous quarter ended March 2016.

For the full year,net profit declined 1.88% to Rs 16.21 crore in the year ended March 2017 as against Rs 16.52 crore during the previous year ended March 2016. Sales rose 10.77% to Rs 368.31 crore in the year ended March 2017 as against Rs 332.50 crore during the previous year ended March 2016.

ParticularsQuarter EndedYear EndedMar. 2017Mar. 2016% Var.Mar. 2017Mar. 2016% Var.Sales90.8980.54 13 368.31332.50 11 OPM %20.9718.50 -18.3016.68 - PBDT8.819.75 -10 34.3033.56 2 PBT3.747.20 -48 15.8723.60 -33 NP4.087.24 -44 16.2116.52 -2

Powered by Capital Market - Live News

(Only the headline and picture of this report may have been reworked by the Business Standard staff; the rest of the content is auto-generated from a syndicated feed.)

image
Business Standard
177 22

Morarjee Textiles standalone net profit declines 43.65% in the March 2017 quarter

Sales rise 12.85% to Rs 90.89 crore

Net profit of declined 43.65% to Rs 4.08 crore in the quarter ended March 2017 as against Rs 7.24 crore during the previous quarter ended March 2016. Sales rose 12.85% to Rs 90.89 crore in the quarter ended March 2017 as against Rs 80.54 crore during the previous quarter ended March 2016.

For the full year,net profit declined 1.88% to Rs 16.21 crore in the year ended March 2017 as against Rs 16.52 crore during the previous year ended March 2016. Sales rose 10.77% to Rs 368.31 crore in the year ended March 2017 as against Rs 332.50 crore during the previous year ended March 2016.

ParticularsQuarter EndedYear EndedMar. 2017Mar. 2016% Var.Mar. 2017Mar. 2016% Var.Sales90.8980.54 13 368.31332.50 11 OPM %20.9718.50 -18.3016.68 - PBDT8.819.75 -10 34.3033.56 2 PBT3.747.20 -48 15.8723.60 -33 NP4.087.24 -44 16.2116.52 -2

Powered by Capital Market - Live News

(Only the headline and picture of this report may have been reworked by the Business Standard staff; the rest of the content is auto-generated from a syndicated feed.)

image
Business Standard
177 22