Ashiana Ispat standalone net profit rises 700.00% in the March 2017 quarter

Sales rise 36.25% to Rs 62.36 crore

Net profit of Ashiana Ispat rose 700.00% to Rs 0.88 crore in the quarter ended March 2017 as against Rs 0.11 crore during the previous quarter ended March 2016. Sales rose 36.25% to Rs 62.36 crore in the quarter ended March 2017 as against Rs 45.77 crore during the previous quarter ended March 2016.

For the full year,net profit rose 376.92% to Rs 3.10 crore in the year ended March 2017 as against Rs 0.65 crore during the previous year ended March 2016. Sales rose 5.75% to Rs 203.21 crore in the year ended March 2017 as against Rs 192.16 crore during the previous year ended March 2016.

ParticularsQuarter EndedYear EndedMar. 2017Mar. 2016% Var.Mar. 2017Mar. 2016% Var.Sales62.3645.77 36 203.21192.16 6 OPM %3.783.04 -4.733.73 - PBDT1.600.34 371 5.902.27 160 PBT1.260.10 1160 4.440.88 405 NP0.880.11 700 3.100.65 377

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