APM Industries standalone net profit declines 58.37% in the March 2017 quarter

Sales rise 21.89% to Rs 64.75 crore

Net profit of APM Industries declined 58.37% to Rs 1.99 crore in the quarter ended March 2017 as against Rs 4.78 crore during the previous quarter ended March 2016. Sales rose 21.89% to Rs 64.75 crore in the quarter ended March 2017 as against Rs 53.12 crore during the previous quarter ended March 2016.

For the full year,net profit declined 37.81% to Rs 12.50 crore in the year ended March 2017 as against Rs 20.10 crore during the previous year ended March 2016. Sales declined 6.09% to Rs 249.80 crore in the year ended March 2017 as against Rs 265.99 crore during the previous year ended March 2016.

ParticularsQuarter EndedYear EndedMar. 2017Mar. 2016% Var.Mar. 2017Mar. 2016% Var.Sales64.7553.12 22 249.80265.99 -6 OPM %6.4414.12 -8.4711.61 - PBDT4.517.86 -43 23.2333.54 -31 PBT3.427.09 -52 19.0330.58 -38 NP1.994.78 -58 12.5020.10 -38

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