Sunflag Iron & Steel Company standalone net profit rises 103.23% in the March 2017 quarter

Sales rise 8.77% to Rs 395.82 crore

Net profit of Sunflag Iron & Steel Company rose 103.23% to Rs 12.58 crore in the quarter ended March 2017 as against Rs 6.19 crore during the previous quarter ended March 2016. Sales rose 8.77% to Rs 395.82 crore in the quarter ended March 2017 as against Rs 363.91 crore during the previous quarter ended March 2016.

For the full year,net profit rose 14.72% to Rs 65.17 crore in the year ended March 2017 as against Rs 56.81 crore during the previous year ended March 2016. Sales declined 5.05% to Rs 1509.66 crore in the year ended March 2017 as against Rs 1589.88 crore during the previous year ended March 2016.

ParticularsQuarter EndedYear EndedMar. 2017Mar. 2016% Var.Mar. 2017Mar. 2016% Var.Sales395.82363.91 9 1509.661589.88 -5 OPM %7.749.09 -9.6311.20 - PBDT21.5120.85 3 118.10122.33 -3 PBT13.899.65 44 84.9186.69 -2 NP12.586.19 103 65.1756.81 15

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