Nikhil Adhesives standalone net profit rises 106.06% in the March 2017 quarter

Sales rise 25.52% to Rs 84.89 crore

Net profit of Nikhil Adhesives rose 106.06% to Rs 0.68 crore in the quarter ended March 2017 as against Rs 0.33 crore during the previous quarter ended March 2016. Sales rose 25.52% to Rs 84.89 crore in the quarter ended March 2017 as against Rs 67.63 crore during the previous quarter ended March 2016.

For the full year,net profit rose 28.30% to Rs 2.04 crore in the year ended March 2017 as against Rs 1.59 crore during the previous year ended March 2016. Sales declined 1.92% to Rs 265.12 crore in the year ended March 2017 as against Rs 270.32 crore during the previous year ended March 2016.

ParticularsQuarter EndedYear EndedMar. 2017Mar. 2016% Var.Mar. 2017Mar. 2016% Var.Sales84.8967.63 26 265.12270.32 -2 OPM %3.794.57 -4.254.14 - PBDT1.320.86 53 4.543.36 35 PBT1.040.47 121 3.051.81 69 NP0.680.33 106 2.041.59 28

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