Bannari Amman Sugars standalone net profit declines 46.48% in the March 2017 quarter

Sales decline 18.13% to Rs 351.05 crore

Net profit of Bannari Amman Sugars declined 46.48% to Rs 29.23 crore in the quarter ended March 2017 as against Rs 54.62 crore during the previous quarter ended March 2016. Sales declined 18.13% to Rs 351.05 crore in the quarter ended March 2017 as against Rs 428.79 crore during the previous quarter ended March 2016.

For the full year,net profit rose 357.66% to Rs 145.17 crore in the year ended March 2017 as against Rs 31.72 crore during the previous year ended March 2016. Sales rose 22.05% to Rs 1751.26 crore in the year ended March 2017 as against Rs 1434.86 crore during the previous year ended March 2016.

ParticularsQuarter EndedYear EndedMar. 2017Mar. 2016% Var.Mar. 2017Mar. 2016% Var.Sales351.05428.79 -18 1751.261434.86 22 OPM %23.6827.45 -19.8514.24 - PBDT58.8185.21 -31 256.3191.32 181 PBT41.5067.26 -38 186.8629.78 527 NP29.2354.62 -46 145.1731.72 358

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