Rainbow Foundations standalone net profit declines 14.29% in the March 2017 quarter

Sales decline 27.02% to Rs 10.75 crore

Net profit of Rainbow Foundations declined 14.29% to Rs 0.42 crore in the quarter ended March 2017 as against Rs 0.49 crore during the previous quarter ended March 2016. Sales declined 27.02% to Rs 10.75 crore in the quarter ended March 2017 as against Rs 14.73 crore during the previous quarter ended March 2016.

For the full year,net profit rose 22.31% to Rs 1.59 crore in the year ended March 2017 as against Rs 1.30 crore during the previous year ended March 2016. Sales rose 56.18% to Rs 46.40 crore in the year ended March 2017 as against Rs 29.71 crore during the previous year ended March 2016.

ParticularsQuarter EndedYear EndedMar. 2017Mar. 2016% Var.Mar. 2017Mar. 2016% Var.Sales10.7514.73 -27 46.4029.71 56 OPM %37.0219.76 -25.0022.11 - PBDT1.271.20 6 2.522.05 23 PBT1.251.19 5 2.442.02 21 NP0.420.49 -14 1.591.30 22

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