Fairchem Speciality standalone net profit declines 87.20% in the March 2017 quarter

Sales rise 31.14% to Rs 54.33 crore

Net profit of Fairchem Speciality declined 87.20% to Rs 0.64 crore in the quarter ended March 2017 as against Rs 5.00 crore during the previous quarter ended March 2016. Sales rose 31.14% to Rs 54.33 crore in the quarter ended March 2017 as against Rs 41.43 crore during the previous quarter ended March 2016.

For the full year,net profit declined 20.19% to Rs 8.46 crore in the year ended March 2017 as against Rs 10.60 crore during the previous year ended March 2016. Sales rose 22.31% to Rs 185.57 crore in the year ended March 2017 as against Rs 151.72 crore during the previous year ended March 2016.

ParticularsQuarter EndedYear EndedMar. 2017Mar. 2016% Var.Mar. 2017Mar. 2016% Var.Sales54.3341.43 31 185.57151.72 22 OPM %8.7221.26 -12.3714.93 - PBDT3.068.39 -64 18.2419.55 -7 PBT2.037.62 -73 14.0216.56 -15 NP0.645.00 -87 8.4610.60 -20

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