Kothari Fermentation & Biochem standalone net profit rises 179.07% in the March 2017 quarter

Sales decline 0.84% to Rs 21.28 crore

Net profit of Kothari Fermentation & Biochem rose 179.07% to Rs 1.20 crore in the quarter ended March 2017 as against Rs 0.43 crore during the previous quarter ended March 2016. Sales declined 0.84% to Rs 21.28 crore in the quarter ended March 2017 as against Rs 21.46 crore during the previous quarter ended March 2016.

For the full year,net profit rose 66.67% to Rs 3.15 crore in the year ended March 2017 as against Rs 1.89 crore during the previous year ended March 2016. Sales rose 2.47% to Rs 79.09 crore in the year ended March 2017 as against Rs 77.18 crore during the previous year ended March 2016.

ParticularsQuarter EndedYear EndedMar. 2017Mar. 2016% Var.Mar. 2017Mar. 2016% Var.Sales21.2821.46 -1 79.0977.18 2 OPM %13.116.01 -11.107.76 - PBDT2.501.20 108 7.374.82 53 PBT1.830.71 158 4.782.85 68 NP1.200.43 179 3.151.89 67

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