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Ambika Cotton Mills standalone net profit rises 32.38% in the March 2017 quarter

Capital Market

Sales rise 15.84% to Rs 137.10 crore

Net profit of Ambika Cotton Mills rose 32.38% to Rs 13.94 crore in the quarter ended March 2017 as against Rs 10.53 crore during the previous quarter ended March 2016. Sales rose 15.84% to Rs 137.10 crore in the quarter ended March 2017 as against Rs 118.35 crore during the previous quarter ended March 2016.

For the full year,net profit rose 25.17% to Rs 55.65 crore in the year ended March 2017 as against Rs 44.46 crore during the previous year ended March 2016. Sales rose 6.74% to Rs 515.94 crore in the year ended March 2017 as against Rs 483.36 crore during the previous year ended March 2016.

 
ParticularsQuarter EndedYear EndedMar. 2017Mar. 2016% Var.Mar. 2017Mar. 2016% Var.Sales137.10118.35 16 515.94483.36 7 OPM %19.3918.44 -20.2319.10 - PBDT25.7021.88 17 101.2988.88 14 PBT18.2214.27 28 71.9458.96 22 NP13.9410.53 32 55.6544.46 25

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First Published: May 29 2017 | 12:24 PM IST

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