Gateway Distriparks standalone net profit declines 36.47% in the March 2017 quarter

Sales decline 2.03% to Rs 74.37 crore

Net profit of Gateway Distriparks declined 36.47% to Rs 15.57 crore in the quarter ended March 2017 as against Rs 24.51 crore during the previous quarter ended March 2016. Sales declined 2.03% to Rs 74.37 crore in the quarter ended March 2017 as against Rs 75.91 crore during the previous quarter ended March 2016.

For the full year,net profit declined 55.72% to Rs 51.70 crore in the year ended March 2017 as against Rs 116.77 crore during the previous year ended March 2016. Sales declined 2.84% to Rs 321.23 crore in the year ended March 2017 as against Rs 330.63 crore during the previous year ended March 2016.

ParticularsQuarter EndedYear EndedMar. 2017Mar. 2016% Var.Mar. 2017Mar. 2016% Var.Sales74.3775.91 -2 321.23330.63 -3 OPM %16.0519.00 -19.8823.68 - PBDT22.7034.22 -34 88.22111.74 -21 PBT17.3728.52 -39 66.7289.19 -25 NP15.5724.51 -36 51.70116.77 -56

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