Vardhman Textiles consolidated net profit rises 45.91% in the March 2016 quarter

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Sales decline 0.56% to Rs 1651.08 crore
Net profit of Vardhman Textiles rose 45.91% to Rs 159.44 crore in the quarter ended March 2016 as against Rs 109.27 crore during the previous quarter ended March 2015. Sales declined 0.56% to Rs 1651.08 crore in the quarter ended March 2016 as against Rs 1660.38 crore during the previous quarter ended March 2015.For the full year,net profit rose 44.58% to Rs 578.62 crore in the year ended March 2016 as against Rs 400.21 crore during the previous year ended March 2015. Sales declined 2.20% to Rs 6636.92 crore in the year ended March 2016 as against Rs 6785.96 crore during the previous year ended March 2015.
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First Published: May 09 2016 | 5:02 PM IST