Texel Industries standalone net profit rises 6.25% in the March 2017 quarter

Sales decline 25.86% to Rs 11.24 crore

Net profit of Texel Industries rose 6.25% to Rs 0.17 crore in the quarter ended March 2017 as against Rs 0.16 crore during the previous quarter ended March 2016. Sales declined 25.86% to Rs 11.24 crore in the quarter ended March 2017 as against Rs 15.16 crore during the previous quarter ended March 2016.

For the full year,net profit declined 16.54% to Rs 1.11 crore in the year ended March 2017 as against Rs 1.33 crore during the previous year ended March 2016. Sales declined 24.13% to Rs 53.29 crore in the year ended March 2017 as against Rs 70.24 crore during the previous year ended March 2016.

ParticularsQuarter EndedYear EndedMar. 2017Mar. 2016% Var.Mar. 2017Mar. 2016% Var.Sales11.2415.16 -26 53.2970.24 -24 OPM %4.000.66 -6.623.86 - PBDT0.570.58 -2 2.352.09 12 PBT0.020.45 -96 1.421.60 -11 NP0.170.16 6 1.111.33 -17

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