ITI standalone net profit declines 28.88% in the March 2017 quarter

Sales rise 47.14% to Rs 700.13 crore

Net profit of ITI declined 28.88% to Rs 168.70 crore in the quarter ended March 2017 as against Rs 237.22 crore during the previous quarter ended March 2016. Sales rose 47.14% to Rs 700.13 crore in the quarter ended March 2017 as against Rs 475.84 crore during the previous quarter ended March 2016.

For the full year,net profit rose 21.37% to Rs 304.88 crore in the year ended March 2017 as against Rs 251.19 crore during the previous year ended March 2016. Sales rose 28.36% to Rs 1528.12 crore in the year ended March 2017 as against Rs 1190.45 crore during the previous year ended March 2016.

ParticularsQuarter EndedYear EndedMar. 2017Mar. 2016% Var.Mar. 2017Mar. 2016% Var.Sales700.13475.84 47 1528.121190.45 28 OPM %4.36-6.00 --4.33-14.76 - PBDT159.53238.75 -33 157.11151.59 4 PBT152.99237.22 -36 140.17138.69 1 NP168.70237.22 -29 304.88251.19 21

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