Sangam (India) standalone net profit declines 23.67% in the March 2017 quarter

Sales rise 6.99% to Rs 412.67 crore

Net profit of Sangam (India) declined 23.67% to Rs 19.57 crore in the quarter ended March 2017 as against Rs 25.64 crore during the previous quarter ended March 2016. Sales rose 6.99% to Rs 412.67 crore in the quarter ended March 2017 as against Rs 385.71 crore during the previous quarter ended March 2016.

For the full year,net profit declined 29.13% to Rs 54.60 crore in the year ended March 2017 as against Rs 77.04 crore during the previous year ended March 2016. Sales rose 5.93% to Rs 1593.64 crore in the year ended March 2017 as against Rs 1504.40 crore during the previous year ended March 2016.

ParticularsQuarter EndedYear EndedMar. 2017Mar. 2016% Var.Mar. 2017Mar. 2016% Var.Sales412.67385.71 7 1593.641504.40 6 OPM %8.6213.65 -11.0415.04 - PBDT32.6951.79 -37 135.61186.97 -27 PBT16.0133.80 -53 63.03110.78 -43 NP19.5725.64 -24 54.6077.04 -29

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