Ferro Alloys Corporation reports standalone net profit of Rs 16.82 crore in the March 2017 quarter

Sales rise 63.69% to Rs 208.00 crore

Net profit of Ferro Alloys Corporation reported to Rs 16.82 crore in the quarter ended March 2017 as against net loss of Rs 2.79 crore during the previous quarter ended March 2016. Sales rose 63.69% to Rs 208.00 crore in the quarter ended March 2017 as against Rs 127.07 crore during the previous quarter ended March 2016.

For the full year,net profit reported to Rs 20.17 crore in the year ended March 2017 as against net loss of Rs 4.13 crore during the previous year ended March 2016. Sales rose 8.05% to Rs 605.37 crore in the year ended March 2017 as against Rs 560.29 crore during the previous year ended March 2016.

ParticularsQuarter EndedYear EndedMar. 2017Mar. 2016% Var.Mar. 2017Mar. 2016% Var.Sales208.00127.07 64 605.37560.29 8 OPM %16.68-0.93 -8.271.60 - PBDT33.87-5.32 LP 40.54-3.22 LP PBT32.55-6.56 LP 35.11-7.90 LP NP16.82-2.79 LP 20.17-4.13 LP

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