GRM Overseas standalone net profit rises 95.90% in the March 2017 quarter

Image
Capital Market
Last Updated : Jun 02 2017 | 6:03 PM IST

Sales rise 96.38% to Rs 217.53 crore

Net profit of GRM Overseas rose 95.90% to Rs 3.82 crore in the quarter ended March 2017 as against Rs 1.95 crore during the previous quarter ended March 2016. Sales rose 96.38% to Rs 217.53 crore in the quarter ended March 2017 as against Rs 110.77 crore during the previous quarter ended March 2016.

For the full year,net profit rose 172.68% to Rs 5.59 crore in the year ended March 2017 as against Rs 2.05 crore during the previous year ended March 2016. Sales rose 66.18% to Rs 591.15 crore in the year ended March 2017 as against Rs 355.72 crore during the previous year ended March 2016.

ParticularsQuarter EndedYear EndedMar. 2017Mar. 2016% Var.Mar. 2017Mar. 2016% Var.Sales217.53110.77 96 591.15355.72 66 OPM %6.288.00 -3.433.98 - PBDT6.173.41 81 10.405.05 106 PBT5.832.95 98 8.473.10 173 NP3.821.95 96 5.592.05 173

Powered by Capital Market - Live News

Disclaimer: No Business Standard Journalist was involved in creation of this content

*Subscribe to Business Standard digital and get complimentary access to The New York Times

Smart Quarterly

₹900

3 Months

₹300/Month

SAVE 25%

Smart Essential

₹2,700

1 Year

₹225/Month

SAVE 46%
*Complimentary New York Times access for the 2nd year will be given after 12 months

Super Saver

₹3,900

2 Years

₹162/Month

Subscribe

Renews automatically, cancel anytime

Here’s what’s included in our digital subscription plans

Exclusive premium stories online

  • Over 30 premium stories daily, handpicked by our editors

Complimentary Access to The New York Times

  • News, Games, Cooking, Audio, Wirecutter & The Athletic

Business Standard Epaper

  • Digital replica of our daily newspaper — with options to read, save, and share

Curated Newsletters

  • Insights on markets, finance, politics, tech, and more delivered to your inbox

Market Analysis & Investment Insights

  • In-depth market analysis & insights with access to The Smart Investor

Archives

  • Repository of articles and publications dating back to 1997

Ad-free Reading

  • Uninterrupted reading experience with no advertisements

Seamless Access Across All Devices

  • Access Business Standard across devices — mobile, tablet, or PC, via web or app

More From This Section

First Published: Jun 02 2017 | 5:52 PM IST

Next Story