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Strides Shasun consolidated net profit rises 2877.43% in the March 2017 quarter

Capital Market 

Sales decline 3.89% to Rs 888.41 crore

Net profit of Strides Shasun rose 2877.43% to Rs 131.90 crore in the quarter ended March 2017 as against Rs 4.43 crore during the previous quarter ended March 2016. Sales declined 3.89% to Rs 888.41 crore in the quarter ended March 2017 as against Rs 924.32 crore during the previous quarter ended March 2016.

For the full year,net profit rose 369.48% to Rs 445.96 crore in the year ended March 2017 as against Rs 94.99 crore during the previous year ended March 2016. Sales rose 21.70% to Rs 3483.42 crore in the year ended March 2017 as against Rs 2862.19 crore during the previous year ended March 2016.

ParticularsQuarter EndedYear EndedMar. 2017Mar. 2016% Var.Mar. 2017Mar. 2016% Var.Sales888.41924.32 -4 3483.422862.19 22 OPM %17.669.36 -18.4513.49 - PBDT203.9552.64 287 780.68310.07 152 PBT151.0613.30 1036 593.53178.82 232 NP131.904.43 2877 445.9694.99 369

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

First Published: Fri, May 19 2017. 16:59 IST
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