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Sahyadri Industries reports standalone net profit of Rs 3.38 crore in the March 2017 quarter

Capital Market 

Sales decline 21.79% to Rs 61.07 crore

Net profit of reported to Rs 3.38 crore in the quarter ended March 2017 as against net loss of Rs 1.05 crore during the previous quarter ended March 2016. Sales declined 21.79% to Rs 61.07 crore in the quarter ended March 2017 as against Rs 78.08 crore during the previous quarter ended March 2016.

For the full year,net profit reported to Rs 3.18 crore in the year ended March 2017 as against net loss of Rs 10.90 crore during the previous year ended March 2016. Sales declined 28.12% to Rs 258.60 crore in the year ended March 2017 as against Rs 359.78 crore during the previous year ended March 2016.

ParticularsQuarter EndedYear EndedMar. 2017Mar. 2016% Var.Mar. 2017Mar. 2016% Var.Sales61.0778.08 -22 258.60359.78 -28 OPM %20.6012.88 -16.678.00 - PBDT9.645.90 63 27.8710.03 178 PBT4.86-1.25 LP 4.63-18.99 LP NP3.38-1.05 LP 3.18-10.90 LP

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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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