Essel Propack standalone net profit declines 3.10% in the March 2017 quarter

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Sales rise 4.03% to Rs 197.05 crore
Net profit of Essel Propack declined 3.10% to Rs 16.90 crore in the quarter ended March 2017 as against Rs 17.44 crore during the previous quarter ended March 2016. Sales rose 4.03% to Rs 197.05 crore in the quarter ended March 2017 as against Rs 189.41 crore during the previous quarter ended March 2016.For the full year,net profit declined 42.12% to Rs 65.11 crore in the year ended March 2017 as against Rs 112.50 crore during the previous year ended March 2016. Sales rose 7.07% to Rs 795.40 crore in the year ended March 2017 as against Rs 742.91 crore during the previous year ended March 2016.
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First Published: May 24 2017 | 4:07 PM IST