Albert David standalone net profit declines 88.90% in the March 2017 quarter

Sales rise 3.40% to Rs 71.15 crore

Net profit of Albert David declined 88.90% to Rs 4.88 crore in the quarter ended March 2017 as against Rs 43.96 crore during the previous quarter ended March 2016. Sales rose 3.40% to Rs 71.15 crore in the quarter ended March 2017 as against Rs 68.81 crore during the previous quarter ended March 2016.

For the full year,net profit declined 74.92% to Rs 12.04 crore in the year ended March 2017 as against Rs 48.00 crore during the previous year ended March 2016. Sales declined 5.43% to Rs 302.95 crore in the year ended March 2017 as against Rs 320.36 crore during the previous year ended March 2016.

ParticularsQuarter EndedYear EndedMar. 2017Mar. 2016% Var.Mar. 2017Mar. 2016% Var.Sales71.1568.81 3 302.95320.36 -5 OPM %11.799.90 -8.279.70 - PBDT8.827.48 18 27.9231.21 -11 PBT7.445.17 44 20.2522.21 -9 NP4.8843.96 -89 12.0448.00 -75

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