India Gelatine & Chemicals reports standalone net profit of Rs 1.99 crore in the March 2017 quarter

Sales rise 27.56% to Rs 23.42 crore

Net profit of India Gelatine & Chemicals reported to Rs 1.99 crore in the quarter ended March 2017 as against net loss of Rs 0.94 crore during the previous quarter ended March 2016. Sales rose 27.56% to Rs 23.42 crore in the quarter ended March 2017 as against Rs 18.36 crore during the previous quarter ended March 2016.

For the full year,net profit declined 21.86% to Rs 2.86 crore in the year ended March 2017 as against Rs 3.66 crore during the previous year ended March 2016. Sales declined 19.83% to Rs 73.10 crore in the year ended March 2017 as against Rs 91.18 crore during the previous year ended March 2016.

ParticularsQuarter EndedYear EndedMar. 2017Mar. 2016% Var.Mar. 2017Mar. 2016% Var.Sales23.4218.36 28 73.1091.18 -20 OPM %8.58-5.77 -0.824.88 - PBDT2.90-0.08 LP 6.119.48 -36 PBT2.02-0.78 LP 2.704.73 -43 NP1.99-0.94 LP 2.863.66 -22

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