International Paper APPM standalone net profit declines 24.87% in the March 2017 quarter

Sales rise 9.94% to Rs 324.66 crore

Net profit of International Paper APPM declined 24.87% to Rs 15.32 crore in the quarter ended March 2017 as against Rs 20.39 crore during the previous quarter ended March 2016. Sales rose 9.94% to Rs 324.66 crore in the quarter ended March 2017 as against Rs 295.31 crore during the previous quarter ended March 2016.

For the full year,net profit declined 15.13% to Rs 31.31 crore in the year ended March 2017 as against Rs 36.89 crore during the previous year ended March 2016. Sales rose 4.22% to Rs 1178.45 crore in the year ended March 2017 as against Rs 1130.77 crore during the previous year ended March 2016.

ParticularsQuarter EndedYear EndedMar. 2017Mar. 2016% Var.Mar. 2017Mar. 2016% Var.Sales324.66295.31 10 1178.451130.77 4 OPM %19.4312.85 -14.0711.56 - PBDT57.1228.12 103 138.9996.83 44 PBT40.382.72 1385 70.7623.65 199 NP15.3220.39 -25 31.3136.89 -15

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