Arcotech standalone net profit declines 88.45% in the March 2017 quarter

Sales rise 18.07% to Rs 256.28 crore

Net profit of Arcotech declined 88.45% to Rs 1.14 crore in the quarter ended March 2017 as against Rs 9.87 crore during the previous quarter ended March 2016. Sales rose 18.07% to Rs 256.28 crore in the quarter ended March 2017 as against Rs 217.06 crore during the previous quarter ended March 2016.

For the full year,net profit declined 27.58% to Rs 26.41 crore in the year ended March 2017 as against Rs 36.47 crore during the previous year ended March 2016. Sales rose 0.76% to Rs 733.76 crore in the year ended March 2017 as against Rs 728.19 crore during the previous year ended March 2016.

ParticularsQuarter EndedYear EndedMar. 2017Mar. 2016% Var.Mar. 2017Mar. 2016% Var.Sales256.28217.06 18 733.76728.19 1 OPM %6.0410.93 -12.4512.25 - PBDT3.6316.90 -79 46.0960.87 -24 PBT2.1115.67 -87 40.0256.17 -29 NP1.149.87 -88 26.4136.47 -28

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