NHC Foods standalone net profit declines 99.41% in the March 2017 quarter

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Sales decline 49.14% to Rs 29.56 crore
Net profit of NHC Foods declined 99.41% to Rs 0.01 crore in the quarter ended March 2017 as against Rs 1.69 crore during the previous quarter ended March 2016. Sales declined 49.14% to Rs 29.56 crore in the quarter ended March 2017 as against Rs 58.12 crore during the previous quarter ended March 2016.For the full year,net profit rose 74.19% to Rs 0.54 crore in the year ended March 2017 as against Rs 0.31 crore during the previous year ended March 2016. Sales declined 9.48% to Rs 135.65 crore in the year ended March 2017 as against Rs 149.85 crore during the previous year ended March 2016.
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First Published: Jun 01 2017 | 5:46 PM IST