S P Apparels reports consolidated net profit of Rs 16.28 crore in the March 2017 quarter

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Sales rise 5.65% to Rs 158.10 crore
Net profit of S P Apparels reported to Rs 16.28 crore in the quarter ended March 2017 as against net loss of Rs 5.11 crore during the previous quarter ended March 2016. Sales rose 5.65% to Rs 158.10 crore in the quarter ended March 2017 as against Rs 149.65 crore during the previous quarter ended March 2016.For the full year,net profit rose 229.01% to Rs 61.92 crore in the year ended March 2017 as against Rs 18.82 crore during the previous year ended March 2016. Sales rose 19.30% to Rs 635.65 crore in the year ended March 2017 as against Rs 532.83 crore during the previous year ended March 2016.
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First Published: May 25 2017 | 1:00 PM IST