Navkar Corporation standalone net profit declines 8.58% in the March 2017 quarter

Sales decline 0.12% to Rs 91.26 crore

Net profit of Navkar Corporation declined 8.58% to Rs 23.55 crore in the quarter ended March 2017 as against Rs 25.76 crore during the previous quarter ended March 2016. Sales declined 0.12% to Rs 91.26 crore in the quarter ended March 2017 as against Rs 91.37 crore during the previous quarter ended March 2016.

For the full year,net profit rose 1.38% to Rs 96.21 crore in the year ended March 2017 as against Rs 94.90 crore during the previous year ended March 2016. Sales rose 2.27% to Rs 355.16 crore in the year ended March 2017 as against Rs 347.26 crore during the previous year ended March 2016.

ParticularsQuarter EndedYear EndedMar. 2017Mar. 2016% Var.Mar. 2017Mar. 2016% Var.Sales91.2691.37 0 355.16347.26 2 OPM %36.9141.58 -38.1938.56 - PBDT32.5539.59 -18 128.21131.93 -3 PBT28.2434.78 -19 109.35112.61 -3 NP23.5525.76 -9 96.2194.90 1

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