Praj Industries standalone net profit declines 54.48% in the March 2017 quarter

Sales decline 17.02% to Rs 238.97 crore

Net profit of Praj Industries declined 54.48% to Rs 17.57 crore in the quarter ended March 2017 as against Rs 38.60 crore during the previous quarter ended March 2016. Sales declined 17.02% to Rs 238.97 crore in the quarter ended March 2017 as against Rs 287.98 crore during the previous quarter ended March 2016.

For the full year,net profit declined 28.36% to Rs 46.86 crore in the year ended March 2017 as against Rs 65.41 crore during the previous year ended March 2016. Sales declined 11.47% to Rs 729.43 crore in the year ended March 2017 as against Rs 823.98 crore during the previous year ended March 2016.

ParticularsQuarter EndedYear EndedMar. 2017Mar. 2016% Var.Mar. 2017Mar. 2016% Var.Sales238.97287.98 -17 729.43823.98 -11 OPM %12.5516.00 -9.7610.27 - PBDT33.5451.70 -35 86.5698.96 -13 PBT28.9746.52 -38 67.4377.46 -13 NP17.5738.60 -54 46.8665.41 -28

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