Nahar Industrial Enterprises standalone net profit declines 76.72% in the March 2017 quarter

Sales decline 11.15% to Rs 435.45 crore

Net profit of Nahar Industrial Enterprises declined 76.72% to Rs 4.96 crore in the quarter ended March 2017 as against Rs 21.31 crore during the previous quarter ended March 2016. Sales declined 11.15% to Rs 435.45 crore in the quarter ended March 2017 as against Rs 490.10 crore during the previous quarter ended March 2016.

For the full year,net profit rose 65.64% to Rs 70.13 crore in the year ended March 2017 as against Rs 42.34 crore during the previous year ended March 2016. Sales declined 2.45% to Rs 1714.79 crore in the year ended March 2017 as against Rs 1757.77 crore during the previous year ended March 2016.

ParticularsQuarter EndedYear EndedMar. 2017Mar. 2016% Var.Mar. 2017Mar. 2016% Var.Sales435.45490.10 -11 1714.791757.77 -2 OPM %9.4014.14 -12.2212.45 - PBDT26.7948.37 -45 155.29144.97 7 PBT7.5526.38 -71 86.1054.99 57 NP4.9621.31 -77 70.1342.34 66

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