Umang Dairies standalone net profit declines 88.67% in the March 2017 quarter

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Sales rise 50.76% to Rs 74.19 crore
Net profit of Umang Dairies declined 88.67% to Rs 0.34 crore in the quarter ended March 2017 as against Rs 3.00 crore during the previous quarter ended March 2016. Sales rose 50.76% to Rs 74.19 crore in the quarter ended March 2017 as against Rs 49.21 crore during the previous quarter ended March 2016.For the full year,net profit declined 77.47% to Rs 1.69 crore in the year ended March 2017 as against Rs 7.50 crore during the previous year ended March 2016. Sales rose 11.10% to Rs 209.95 crore in the year ended March 2017 as against Rs 188.98 crore during the previous year ended March 2016.
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First Published: May 26 2017 | 6:37 PM IST