Banswara Syntex standalone net profit declines 83.71% in the March 2017 quarter

Sales decline 9.58% to Rs 305.65 crore

Net profit of Banswara Syntex declined 83.71% to Rs 1.89 crore in the quarter ended March 2017 as against Rs 11.60 crore during the previous quarter ended March 2016. Sales declined 9.58% to Rs 305.65 crore in the quarter ended March 2017 as against Rs 338.03 crore during the previous quarter ended March 2016.

For the full year,net profit declined 39.04% to Rs 16.58 crore in the year ended March 2017 as against Rs 27.20 crore during the previous year ended March 2016. Sales declined 1.97% to Rs 1196.32 crore in the year ended March 2017 as against Rs 1220.36 crore during the previous year ended March 2016.

ParticularsQuarter EndedYear EndedMar. 2017Mar. 2016% Var.Mar. 2017Mar. 2016% Var.Sales305.65338.03 -10 1196.321220.36 -2 OPM %8.8613.74 -11.0213.15 - PBDT16.3532.27 -49 80.56101.37 -21 PBT1.7017.73 -90 22.9143.83 -48 NP1.8911.60 -84 16.5827.20 -39

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