Elango Industries standalone net profit declines 91.89% in the March 2017 quarter

Sales decline 23.53% to Rs 0.13 crore

Net profit of Elango Industries declined 91.89% to Rs 0.03 crore in the quarter ended March 2017 as against Rs 0.37 crore during the previous quarter ended March 2016. Sales declined 23.53% to Rs 0.13 crore in the quarter ended March 2017 as against Rs 0.17 crore during the previous quarter ended March 2016.

For the full year,net profit declined 70.00% to Rs 0.18 crore in the year ended March 2017 as against Rs 0.60 crore during the previous year ended March 2016. Sales rose 68.97% to Rs 0.49 crore in the year ended March 2017 as against Rs 0.29 crore during the previous year ended March 2016.

ParticularsQuarter EndedYear EndedMar. 2017Mar. 2016% Var.Mar. 2017Mar. 2016% Var.Sales0.130.17 -24 0.490.29 69 OPM %53.8541.18 -44.90-3.45 - PBDT0.070.37 -81 0.220.60 -63 PBT0.070.37 -81 0.220.60 -63 NP0.030.37 -92 0.180.60 -70

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