Industrial & Prudential Investment Company standalone net profit rises 900.00% in the March 2017 quarter

Sales rise 6.25% to Rs 0.34 crore

Net profit of Industrial & Prudential Investment Company rose 900.00% to Rs 0.30 crore in the quarter ended March 2017 as against Rs 0.03 crore during the previous quarter ended March 2016. Sales rose 6.25% to Rs 0.34 crore in the quarter ended March 2017 as against Rs 0.32 crore during the previous quarter ended March 2016.

For the full year,net profit rose 9.45% to Rs 6.95 crore in the year ended March 2017 as against Rs 6.35 crore during the previous year ended March 2016. Sales declined 9.82% to Rs 5.97 crore in the year ended March 2017 as against Rs 6.62 crore during the previous year ended March 2016.

ParticularsQuarter EndedYear EndedMar. 2017Mar. 2016% Var.Mar. 2017Mar. 2016% Var.Sales0.340.32 6 5.976.62 -10 OPM %38.24-12.50 -120.9497.89 - PBDT0.18-0.04 LP 7.276.48 12 PBT0.18-0.04 LP 7.266.47 12 NP0.300.03 900 6.956.35 9

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