Tirupati Starch & Chemicals standalone net profit declines 19.11% in the March 2017 quarter

Sales rise 7.92% to Rs 47.30 crore

Net profit of Tirupati Starch & Chemicals declined 19.11% to Rs 3.47 crore in the quarter ended March 2017 as against Rs 4.29 crore during the previous quarter ended March 2016. Sales rose 7.92% to Rs 47.30 crore in the quarter ended March 2017 as against Rs 43.83 crore during the previous quarter ended March 2016.

For the full year,net profit reported to Rs 1.24 crore in the year ended March 2017 as against net loss of Rs 1.51 crore during the previous year ended March 2016. Sales rose 10.70% to Rs 174.68 crore in the year ended March 2017 as against Rs 157.79 crore during the previous year ended March 2016.

ParticularsQuarter EndedYear EndedMar. 2017Mar. 2016% Var.Mar. 2017Mar. 2016% Var.Sales47.3043.83 8 174.68157.79 11 OPM %7.918.67 -4.383.46 - PBDT3.600.12 2900 3.83-0.13 LP PBT2.401.18 103 -0.75-4.62 84 NP3.474.29 -19 1.24-1.51 LP

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