Alps Industries standalone net profit declines 91.08% in the March 2017 quarter

Sales decline 12.63% to Rs 105.05 crore

Net profit of Alps Industries declined 91.08% to Rs 4.97 crore in the quarter ended March 2017 as against Rs 55.69 crore during the previous quarter ended March 2016. Sales declined 12.63% to Rs 105.05 crore in the quarter ended March 2017 as against Rs 120.24 crore during the previous quarter ended March 2016.

For the full year,net loss reported to Rs 39.62 crore in the year ended March 2017 as against net profit of Rs 20.22 crore during the previous year ended March 2016. Sales declined 13.15% to Rs 476.45 crore in the year ended March 2017 as against Rs 548.56 crore during the previous year ended March 2016.

ParticularsQuarter EndedYear EndedMar. 2017Mar. 2016% Var.Mar. 2017Mar. 2016% Var.Sales105.05120.24 -13 476.45548.56 -13 OPM %-5.18-9.21 --5.79-4.46 - PBDT-4.00-6.23 36 -23.25-12.61 -84 PBT-12.24-13.00 6 -56.83-48.47 -17 NP4.9755.69 -91 -39.6220.22 PL

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