Shree Ajit Pulp and Paper standalone net profit declines 85.51% in the March 2017 quarter

Sales decline 7.06% to Rs 52.78 crore

Net profit of Shree Ajit Pulp and Paper declined 85.51% to Rs 0.41 crore in the quarter ended March 2017 as against Rs 2.83 crore during the previous quarter ended March 2016. Sales declined 7.06% to Rs 52.78 crore in the quarter ended March 2017 as against Rs 56.79 crore during the previous quarter ended March 2016.

For the full year,net profit declined 47.11% to Rs 6.40 crore in the year ended March 2017 as against Rs 12.10 crore during the previous year ended March 2016. Sales declined 6.12% to Rs 208.66 crore in the year ended March 2017 as against Rs 222.26 crore during the previous year ended March 2016.

ParticularsQuarter EndedYear EndedMar. 2017Mar. 2016% Var.Mar. 2017Mar. 2016% Var.Sales52.7856.79 -7 208.66222.26 -6 OPM %6.0611.73 -8.8812.21 - PBDT2.175.64 -62 14.4723.12 -37 PBT0.714.36 -84 9.0417.97 -50 NP0.412.83 -86 6.4012.10 -47

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