Patel Integrated Logistics standalone net profit declines 36.56% in the March 2017 quarter

Sales decline 18.33% to Rs 99.55 crore

Net profit of Patel Integrated Logistics declined 36.56% to Rs 1.44 crore in the quarter ended March 2017 as against Rs 2.27 crore during the previous quarter ended March 2016. Sales declined 18.33% to Rs 99.55 crore in the quarter ended March 2017 as against Rs 121.90 crore during the previous quarter ended March 2016.

For the full year,net profit declined 16.01% to Rs 7.03 crore in the year ended March 2017 as against Rs 8.37 crore during the previous year ended March 2016. Sales declined 11.96% to Rs 450.12 crore in the year ended March 2017 as against Rs 511.24 crore during the previous year ended March 2016.

ParticularsQuarter EndedYear EndedMar. 2017Mar. 2016% Var.Mar. 2017Mar. 2016% Var.Sales99.55121.90 -18 450.12511.24 -12 OPM %4.043.43 -3.744.25 - PBDT3.323.86 -14 13.4415.34 -12 PBT2.262.77 -18 9.2311.06 -17 NP1.442.27 -37 7.038.37 -16

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