South India Paper Mills standalone net profit rises 79.94% in the March 2016 quarter

Sales rise 13.50% to Rs 52.70 crore

Net profit of South India Paper Mills rose 79.94% to Rs 5.56 crore in the quarter ended March 2016 as against Rs 3.09 crore during the previous quarter ended March 2015. Sales rose 13.50% to Rs 52.70 crore in the quarter ended March 2016 as against Rs 46.43 crore during the previous quarter ended March 2015.

For the full year,net profit rose 78.05% to Rs 24.09 crore in the year ended March 2016 as against Rs 13.53 crore during the previous year ended March 2015. Sales rose 11.46% to Rs 206.62 crore in the year ended March 2016 as against Rs 185.38 crore during the previous year ended March 2015.

ParticularsQuarter EndedYear EndedMar. 2016Mar. 2015% Var.Mar. 2016Mar. 2015% Var.Sales52.7046.43 14 206.62185.38 11 OPM %17.6317.92 -17.3315.77 - PBDT8.838.42 5 34.6028.21 23 PBT6.516.39 2 26.6320.70 29 NP5.563.09 80 24.0913.53 78

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