Shree Ajit Pulp and Paper consolidated net profit declines 80.27% in the March 2017 quarter

Sales decline 8.33% to Rs 56.55 crore

Net profit of Shree Ajit Pulp and Paper declined 80.27% to Rs 0.58 crore in the quarter ended March 2017 as against Rs 2.94 crore during the previous quarter ended March 2016. Sales declined 8.33% to Rs 56.55 crore in the quarter ended March 2017 as against Rs 61.69 crore during the previous quarter ended March 2016.

For the full year,net profit declined 45.42% to Rs 6.43 crore in the year ended March 2017 as against Rs 11.78 crore during the previous year ended March 2016. Sales declined 4.53% to Rs 226.49 crore in the year ended March 2017 as against Rs 237.24 crore during the previous year ended March 2016.

ParticularsQuarter EndedYear EndedMar. 2017Mar. 2016% Var.Mar. 2017Mar. 2016% Var.Sales56.5561.69 -8 226.49237.24 -5 OPM %5.8711.54 -8.4911.82 - PBDT2.185.91 -63 14.6523.34 -37 PBT0.654.55 -86 8.9117.90 -50 NP0.582.94 -80 6.4311.78 -45

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