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Akzo Nobel India standalone net profit rises 18.13% in the March 2017 quarter

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Capital Market

Sales rise 9.96% to Rs 698.99 crore

Net profit of Akzo Nobel India rose 18.13% to Rs 72.64 crore in the quarter ended March 2017 as against Rs 61.49 crore during the previous quarter ended March 2016. Sales rose 9.96% to Rs 698.99 crore in the quarter ended March 2017 as against Rs 635.69 crore during the previous quarter ended March 2016.

For the full year,net profit rose 15.32% to Rs 247.00 crore in the year ended March 2017 as against Rs 214.19 crore during the previous year ended March 2016. Sales rose 7.04% to Rs 2800.41 crore in the year ended March 2017 as against Rs 2616.19 crore during the previous year ended March 2016.

 
ParticularsQuarter EndedYear EndedMar. 2017Mar. 2016% Var.Mar. 2017Mar. 2016% Var.Sales698.99635.69 10 2800.412616.19 7 OPM %11.0313.78 -12.4611.60 - PBDT92.69107.05 -13 395.00357.99 10 PBT75.9393.70 -19 338.49304.34 11 NP72.6461.49 18 247.00214.19 15

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First Published: May 19 2017 | 4:52 PM IST

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