Gokaldas Exports standalone net profit declines 71.94% in the March 2017 quarter

Sales decline 3.80% to Rs 281.39 crore

Net profit of Gokaldas Exports declined 71.94% to Rs 11.44 crore in the quarter ended March 2017 as against Rs 40.77 crore during the previous quarter ended March 2016. Sales declined 3.80% to Rs 281.39 crore in the quarter ended March 2017 as against Rs 292.52 crore during the previous quarter ended March 2016.

For the full year,net loss reported to Rs 49.98 crore in the year ended March 2017 as against net profit of Rs 60.67 crore during the previous year ended March 2016. Sales declined 19.78% to Rs 839.57 crore in the year ended March 2017 as against Rs 1046.53 crore during the previous year ended March 2016.

ParticularsQuarter EndedYear EndedMar. 2017Mar. 2016% Var.Mar. 2017Mar. 2016% Var.Sales281.39292.52 -4 839.571046.53 -20 OPM %7.9314.62 --2.523.57 - PBDT19.1936.11 -47 -29.6026.12 PL PBT14.6031.18 -53 -46.825.66 PL NP11.4440.77 -72 -49.9860.67 PL

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