Indoco Remedies standalone net profit declines 14.37% in the March 2017 quarter

Sales rise 3.01% to Rs 265.55 crore

Net profit of Indoco Remedies declined 14.37% to Rs 17.94 crore in the quarter ended March 2017 as against Rs 20.95 crore during the previous quarter ended March 2016. Sales rose 3.01% to Rs 265.55 crore in the quarter ended March 2017 as against Rs 257.79 crore during the previous quarter ended March 2016.

For the full year,net profit declined 5.88% to Rs 77.45 crore in the year ended March 2017 as against Rs 82.29 crore during the previous year ended March 2016. Sales rose 8.75% to Rs 1066.65 crore in the year ended March 2017 as against Rs 980.80 crore during the previous year ended March 2016.

ParticularsQuarter EndedYear EndedMar. 2017Mar. 2016% Var.Mar. 2017Mar. 2016% Var.Sales265.55257.79 3 1066.65980.80 9 OPM %12.2716.46 -14.6817.37 - PBDT35.7938.81 -8 154.60159.92 -3 PBT20.3823.27 -12 91.3399.29 -8 NP17.9420.95 -14 77.4582.29 -6

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