Radix Industries (India) standalone net profit rises 742.86% in the March 2017 quarter

Sales rise 0.59% to Rs 3.42 crore

Net profit of Radix Industries (India) rose 742.86% to Rs 0.59 crore in the quarter ended March 2017 as against Rs 0.07 crore during the previous quarter ended March 2016. Sales rose 0.59% to Rs 3.42 crore in the quarter ended March 2017 as against Rs 3.40 crore during the previous quarter ended March 2016.

For the full year,net profit declined 38.42% to Rs 1.25 crore in the year ended March 2017 as against Rs 2.03 crore during the previous year ended March 2016. Sales declined 54.00% to Rs 13.86 crore in the year ended March 2017 as against Rs 30.13 crore during the previous year ended March 2016.

ParticularsQuarter EndedYear EndedMar. 2017Mar. 2016% Var.Mar. 2017Mar. 2016% Var.Sales3.423.40 1 13.8630.13 -54 OPM %31.877.35 -16.6712.98 - PBDT0.990.15 560 2.003.16 -37 PBT0.970.13 646 1.943.08 -37 NP0.590.07 743 1.252.03 -38

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