Somi Conveyor Beltings standalone net profit declines 68.18% in the March 2017 quarter

Sales rise 14.67% to Rs 22.67 crore

Net profit of Somi Conveyor Beltings declined 68.18% to Rs 0.14 crore in the quarter ended March 2017 as against Rs 0.44 crore during the previous quarter ended March 2016. Sales rose 14.67% to Rs 22.67 crore in the quarter ended March 2017 as against Rs 19.77 crore during the previous quarter ended March 2016.

For the full year,net profit declined 62.88% to Rs 0.85 crore in the year ended March 2017 as against Rs 2.29 crore during the previous year ended March 2016. Sales rose 11.97% to Rs 70.64 crore in the year ended March 2017 as against Rs 63.09 crore during the previous year ended March 2016.

ParticularsQuarter EndedYear EndedMar. 2017Mar. 2016% Var.Mar. 2017Mar. 2016% Var.Sales22.6719.77 15 70.6463.09 12 OPM %9.9314.92 -12.3018.81 - PBDT1.762.70 -35 6.9510.48 -34 PBT0.270.95 -72 1.273.69 -66 NP0.140.44 -68 0.852.29 -63

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