Garware Synthetics standalone net profit rises 50.00% in the March 2017 quarter

Sales rise 13.86% to Rs 2.30 crore

Net profit of Garware Synthetics rose 50.00% to Rs 0.09 crore in the quarter ended March 2017 as against Rs 0.06 crore during the previous quarter ended March 2016. Sales rose 13.86% to Rs 2.30 crore in the quarter ended March 2017 as against Rs 2.02 crore during the previous quarter ended March 2016.

For the full year,net profit rose 200.00% to Rs 0.51 crore in the year ended March 2017 as against Rs 0.17 crore during the previous year ended March 2016. Sales rose 8.10% to Rs 8.54 crore in the year ended March 2017 as against Rs 7.90 crore during the previous year ended March 2016.

ParticularsQuarter EndedYear EndedMar. 2017Mar. 2016% Var.Mar. 2017Mar. 2016% Var.Sales2.302.02 14 8.547.90 8 OPM %5.659.90 -5.972.15 - PBDT0.090.12 -25 0.440.25 76 PBT0.090.12 -25 0.420.23 83 NP0.090.06 50 0.510.17 200

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