Sutlej Textiles and Industries standalone net profit declines 34.65% in the March 2017 quarter

Sales rise 8.91% to Rs 597.67 crore

Net profit of Sutlej Textiles and Industries declined 34.65% to Rs 33.27 crore in the quarter ended March 2017 as against Rs 50.91 crore during the previous quarter ended March 2016. Sales rose 8.91% to Rs 597.67 crore in the quarter ended March 2017 as against Rs 548.77 crore during the previous quarter ended March 2016.

For the full year,net profit rose 10.09% to Rs 157.94 crore in the year ended March 2017 as against Rs 143.46 crore during the previous year ended March 2016. Sales rose 8.47% to Rs 2249.62 crore in the year ended March 2017 as against Rs 2074.03 crore during the previous year ended March 2016.

ParticularsQuarter EndedYear EndedMar. 2017Mar. 2016% Var.Mar. 2017Mar. 2016% Var.Sales597.67548.77 9 2249.622074.03 8 OPM %9.2812.49 -12.5312.94 - PBDT58.9669.83 -16 273.48256.54 7 PBT36.6248.53 -25 188.46176.70 7 NP33.2750.91 -35 157.94143.46 10

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