Everest Industries standalone net profit rises 18.50% in the March 2017 quarter

Sales decline 3.89% to Rs 320.66 crore

Net profit of Everest Industries rose 18.50% to Rs 14.09 crore in the quarter ended March 2017 as against Rs 11.89 crore during the previous quarter ended March 2016. Sales declined 3.89% to Rs 320.66 crore in the quarter ended March 2017 as against Rs 333.63 crore during the previous quarter ended March 2016.

For the full year,net profit declined 93.03% to Rs 2.46 crore in the year ended March 2017 as against Rs 35.31 crore during the previous year ended March 2016. Sales declined 11.95% to Rs 1143.32 crore in the year ended March 2017 as against Rs 1298.55 crore during the previous year ended March 2016.

ParticularsQuarter EndedYear EndedMar. 2017Mar. 2016% Var.Mar. 2017Mar. 2016% Var.Sales320.66333.63 -4 1143.321298.55 -12 OPM %8.858.09 -3.256.69 - PBDT26.5523.56 13 27.3376.98 -64 PBT20.4317.31 18 2.4551.35 -95 NP14.0911.89 19 2.4635.31 -93

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