Orbit Exports standalone net profit declines 25.85% in the March 2017 quarter

Sales rise 1.97% to Rs 33.59 crore

Net profit of Orbit Exports declined 25.85% to Rs 2.18 crore in the quarter ended March 2017 as against Rs 2.94 crore during the previous quarter ended March 2016. Sales rose 1.97% to Rs 33.59 crore in the quarter ended March 2017 as against Rs 32.94 crore during the previous quarter ended March 2016.

For the full year,net profit declined 16.63% to Rs 20.45 crore in the year ended March 2017 as against Rs 24.53 crore during the previous year ended March 2016. Sales declined 11.05% to Rs 130.53 crore in the year ended March 2017 as against Rs 146.74 crore during the previous year ended March 2016.

ParticularsQuarter EndedYear EndedMar. 2017Mar. 2016% Var.Mar. 2017Mar. 2016% Var.Sales33.5932.94 2 130.53146.74 -11 OPM %21.7020.34 -28.2128.20 - PBDT6.276.76 -7 37.8442.64 -11 PBT4.575.14 -11 31.0536.71 -15 NP2.182.94 -26 20.4524.53 -17

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