Tamil Nadu Newsprint & Papers standalone net profit declines 39.23% in the March 2017 quarter

Sales rise 8.94% to Rs 793.76 crore

Net profit of Tamil Nadu Newsprint & Papers declined 39.23% to Rs 63.41 crore in the quarter ended March 2017 as against Rs 104.35 crore during the previous quarter ended March 2016. Sales rose 8.94% to Rs 793.76 crore in the quarter ended March 2017 as against Rs 728.61 crore during the previous quarter ended March 2016.

For the full year,net profit rose 1.84% to Rs 264.57 crore in the year ended March 2017 as against Rs 259.80 crore during the previous year ended March 2016. Sales rose 22.02% to Rs 2904.51 crore in the year ended March 2017 as against Rs 2380.38 crore during the previous year ended March 2016.

ParticularsQuarter EndedYear EndedMar. 2017Mar. 2016% Var.Mar. 2017Mar. 2016% Var.Sales793.76728.61 9 2904.512380.38 22 OPM %23.0924.70 -25.1023.81 - PBDT125.77163.90 -23 513.89467.34 10 PBT71.61125.53 -43 306.21323.57 -5 NP63.41104.35 -39 264.57259.80 2

Powered by Capital Market - Live News