K G Denim standalone net profit declines 95.46% in the March 2017 quarter

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Sales decline 6.77% to Rs 140.43 crore
Net profit of K G Denim declined 95.46% to Rs 0.34 crore in the quarter ended March 2017 as against Rs 7.49 crore during the previous quarter ended March 2016. Sales declined 6.77% to Rs 140.43 crore in the quarter ended March 2017 as against Rs 150.62 crore during the previous quarter ended March 2016.For the full year,net profit rose 14.49% to Rs 24.18 crore in the year ended March 2017 as against Rs 21.12 crore during the previous year ended March 2016. Sales declined 4.86% to Rs 612.71 crore in the year ended March 2017 as against Rs 644.04 crore during the previous year ended March 2016.
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First Published: May 23 2017 | 5:50 PM IST