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SBEC Sugar consolidated net profit rises 1480.84% in the March 2016 quarter

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Capital Market

Sales rise 66.59% to Rs 198.11 crore

Net profit of SBEC Sugar rose 1480.84% to Rs 26.40 crore in the quarter ended March 2016 as against Rs 1.67 crore during the previous quarter ended March 2015. Sales rose 66.59% to Rs 198.11 crore in the quarter ended March 2016 as against Rs 118.92 crore during the previous quarter ended March 2015.

For the full year,net profit reported to Rs 3.73 crore in the year ended March 2016 as against net loss of Rs 28.37 crore during the previous year ended March 2015. Sales declined 8.10% to Rs 398.94 crore in the year ended March 2016 as against Rs 434.11 crore during the previous year ended March 2015.

 
ParticularsQuarter EndedYear EndedMar. 2016Mar. 2015% Var.Mar. 2016Mar. 2015% Var.Sales198.11118.92 67 398.94434.11 -8 OPM %15.075.86 -2.68-4.42 - PBDT28.023.88 622 5.92-24.76 LP PBT27.152.98 811 2.38-28.00 LP NP26.401.67 1481 3.73-28.37 LP

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First Published: May 31 2016 | 6:23 PM IST

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