Coastal Corporation standalone net profit declines 4.48% in the March 2017 quarter

Sales rise 38.33% to Rs 87.80 crore

Net profit of Coastal Corporation declined 4.48% to Rs 0.64 crore in the quarter ended March 2017 as against Rs 0.67 crore during the previous quarter ended March 2016. Sales rose 38.33% to Rs 87.80 crore in the quarter ended March 2017 as against Rs 63.47 crore during the previous quarter ended March 2016.

For the full year,net profit rose 69.19% to Rs 13.40 crore in the year ended March 2017 as against Rs 7.92 crore during the previous year ended March 2016. Sales rose 42.03% to Rs 437.00 crore in the year ended March 2017 as against Rs 307.69 crore during the previous year ended March 2016.

ParticularsQuarter EndedYear EndedMar. 2017Mar. 2016% Var.Mar. 2017Mar. 2016% Var.Sales87.8063.47 38 437.00307.69 42 OPM %6.452.85 -7.617.32 - PBDT3.672.51 46 24.6114.95 65 PBT2.711.92 41 21.7412.40 75 NP0.640.67 -4 13.407.92 69

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