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VRL Logistics standalone net profit declines 29.76% in the March 2017 quarter

Capital Market 

Sales rise 6.55% to Rs 442.86 crore

Net profit of VRL Logistics declined 29.76% to Rs 8.38 crore in the quarter ended March 2017 as against Rs 11.93 crore during the previous quarter ended March 2016. Sales rose 6.55% to Rs 442.86 crore in the quarter ended March 2017 as against Rs 415.63 crore during the previous quarter ended March 2016.

For the full year,net profit declined 32.40% to Rs 70.47 crore in the year ended March 2017 as against Rs 104.24 crore during the previous year ended March 2016. Sales rose 4.68% to Rs 1803.09 crore in the year ended March 2017 as against Rs 1722.52 crore during the previous year ended March 2016.

ParticularsQuarter EndedYear EndedMar. 2017Mar. 2016% Var.Mar. 2017Mar. 2016% Var.Sales442.86415.63 7 1803.091722.52 5 OPM %9.4311.72 -12.1015.71 - PBDT38.7643.74 -11 203.48247.70 -18 PBT14.9221.13 -29 105.30158.00 -33 NP8.3811.93 -30 70.47104.24 -32

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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. 17:44 IST
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