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Sumeet Industries standalone net profit rises 237.11% in the March 2016 quarter

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Capital Market

Sales rise 65.45% to Rs 349.08 crore

Net profit of Sumeet Industries rose 237.11% to Rs 3.27 crore in the quarter ended March 2016 as against Rs 0.97 crore during the previous quarter ended March 2015. Sales rose 65.45% to Rs 349.08 crore in the quarter ended March 2016 as against Rs 210.99 crore during the previous quarter ended March 2015.

For the full year,net profit declined 8.78% to Rs 16.84 crore in the year ended March 2016 as against Rs 18.46 crore during the previous year ended March 2015. Sales rose 13.03% to Rs 1052.48 crore in the year ended March 2016 as against Rs 931.17 crore during the previous year ended March 2015.

 
ParticularsQuarter EndedYear EndedMar. 2016Mar. 2015% Var.Mar. 2016Mar. 2015% Var.Sales349.08210.99 65 1052.48931.17 13 OPM %7.455.38 -8.888.50 - PBDT15.972.54 529 48.5244.75 8 PBT10.781.31 723 28.3825.02 13 NP3.270.97 237 16.8418.46 -9

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First Published: May 31 2016 | 6:21 PM IST

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