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Flex Foods standalone net profit rises 23.16% in the March 2016 quarter

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Capital Market

Sales rise 40.69% to Rs 23.20 crore

Net profit of Flex Foods rose 23.16% to Rs 2.34 crore in the quarter ended March 2016 as against Rs 1.90 crore during the previous quarter ended March 2015. Sales rose 40.69% to Rs 23.20 crore in the quarter ended March 2016 as against Rs 16.49 crore during the previous quarter ended March 2015.

For the full year,net profit declined 14.03% to Rs 8.09 crore in the year ended March 2016 as against Rs 9.41 crore during the previous year ended March 2015. Sales rose 10.99% to Rs 79.17 crore in the year ended March 2016 as against Rs 71.33 crore during the previous year ended March 2015.

 
ParticularsQuarter EndedYear EndedMar. 2016Mar. 2015% Var.Mar. 2016Mar. 2015% Var.Sales23.2016.49 41 79.1771.33 11 OPM %23.7128.20 -23.1726.22 - PBDT5.374.38 23 17.1018.30 -7 PBT4.223.42 23 12.7914.41 -11 NP2.341.90 23 8.099.41 -14

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First Published: May 27 2016 | 12:23 PM IST

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