Vallabh Steels standalone net profit rises 1233.33% in the March 2017 quarter

Sales decline 1.78% to Rs 35.39 crore

Net profit of Vallabh Steels rose 1233.33% to Rs 0.40 crore in the quarter ended March 2017 as against Rs 0.03 crore during the previous quarter ended March 2016. Sales declined 1.78% to Rs 35.39 crore in the quarter ended March 2017 as against Rs 36.03 crore during the previous quarter ended March 2016.

For the full year,net profit declined 46.32% to Rs 0.73 crore in the year ended March 2017 as against Rs 1.36 crore during the previous year ended March 2016. Sales declined 15.46% to Rs 119.98 crore in the year ended March 2017 as against Rs 141.92 crore during the previous year ended March 2016.

ParticularsQuarter EndedYear EndedMar. 2017Mar. 2016% Var.Mar. 2017Mar. 2016% Var.Sales35.3936.03 -2 119.98141.92 -15 OPM %7.092.72 -6.974.55 - PBDT1.200.34 253 3.622.35 54 PBT0.160.23 -30 0.571.72 -67 NP0.400.03 1233 0.731.36 -46

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