Kiri Industries consolidated net profit declines 77.47% in the March 2016 quarter

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Sales rise 71.71% to Rs 257.67 crore
Net profit of Kiri Industries declined 77.47% to Rs 11.27 crore in the quarter ended March 2016 as against Rs 50.02 crore during the previous quarter ended March 2015. Sales rose 71.71% to Rs 257.67 crore in the quarter ended March 2016 as against Rs 150.06 crore during the previous quarter ended March 2015.For the full year,net profit declined 85.86% to Rs 25.67 crore in the year ended March 2016 as against Rs 181.52 crore during the previous year ended March 2015. Sales rose 10.17% to Rs 1022.62 crore in the year ended March 2016 as against Rs 928.22 crore during the previous year ended March 2015.
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First Published: May 31 2016 | 11:08 AM IST