Garware Polyester standalone net profit rises 11.48% in the March 2016 quarter

Sales decline 9.82% to Rs 197.33 crore

Net profit of Garware Polyester rose 11.48% to Rs 5.34 crore in the quarter ended March 2016 as against Rs 4.79 crore during the previous quarter ended March 2015. Sales declined 9.82% to Rs 197.33 crore in the quarter ended March 2016 as against Rs 218.82 crore during the previous quarter ended March 2015.

For the full year,net profit rose 0.29% to Rs 17.39 crore in the year ended March 2016 as against Rs 17.34 crore during the previous year ended March 2015. Sales declined 5.70% to Rs 822.76 crore in the year ended March 2016 as against Rs 872.46 crore during the previous year ended March 2015.

ParticularsQuarter EndedYear EndedMar. 2016Mar. 2015% Var.Mar. 2016Mar. 2015% Var.Sales197.33218.82 -10 822.76872.46 -6 OPM %10.012.70 -9.616.72 - PBDT12.0611.85 2 42.1841.59 1 PBT7.837.69 2 25.3426.51 -4 NP5.344.79 11 17.3917.34 0

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