Kolte Patil Developers consolidated net profit rises 65.01% in the March 2017 quarter

Image
Capital Market
Last Updated : Jun 14 2017 | 4:47 PM IST

Sales rise 62.52% to Rs 333.37 crore

Net profit of Kolte Patil Developers rose 65.01% to Rs 29.80 crore in the quarter ended March 2017 as against Rs 18.06 crore during the previous quarter ended March 2016. Sales rose 62.52% to Rs 333.37 crore in the quarter ended March 2017 as against Rs 205.12 crore during the previous quarter ended March 2016.

For the full year,net profit rose 36.33% to Rs 84.88 crore in the year ended March 2017 as against Rs 62.26 crore during the previous year ended March 2016. Sales rose 28.11% to Rs 965.61 crore in the year ended March 2017 as against Rs 753.75 crore during the previous year ended March 2016.

ParticularsQuarter EndedYear EndedMar. 2017Mar. 2016% Var.Mar. 2017Mar. 2016% Var.Sales333.37205.12 63 965.61753.75 28 OPM %20.5027.65 -24.8626.32 - PBDT49.4037.59 31 162.17130.92 24 PBT45.1832.59 39 147.32115.74 27 NP29.8018.06 65 84.8862.26 36

Powered by Capital Market - Live News

Disclaimer: No Business Standard Journalist was involved in creation of this content

*Subscribe to Business Standard digital and get complimentary access to The New York Times

Smart Quarterly

₹900

3 Months

₹300/Month

SAVE 25%

Smart Essential

₹2,700

1 Year

₹225/Month

SAVE 46%
*Complimentary New York Times access for the 2nd year will be given after 12 months

Super Saver

₹3,900

2 Years

₹162/Month

Subscribe

Renews automatically, cancel anytime

Here’s what’s included in our digital subscription plans

Exclusive premium stories online

  • Over 30 premium stories daily, handpicked by our editors

Complimentary Access to The New York Times

  • News, Games, Cooking, Audio, Wirecutter & The Athletic

Business Standard Epaper

  • Digital replica of our daily newspaper — with options to read, save, and share

Curated Newsletters

  • Insights on markets, finance, politics, tech, and more delivered to your inbox

Market Analysis & Investment Insights

  • In-depth market analysis & insights with access to The Smart Investor

Archives

  • Repository of articles and publications dating back to 1997

Ad-free Reading

  • Uninterrupted reading experience with no advertisements

Seamless Access Across All Devices

  • Access Business Standard across devices — mobile, tablet, or PC, via web or app

More From This Section

First Published: Jun 14 2017 | 4:31 PM IST

Next Story