Gravita India standalone net profit rises 926.25% in the March 2017 quarter

Sales rise 77.07% to Rs 169.81 crore

Net profit of Gravita India rose 926.25% to Rs 8.21 crore in the quarter ended March 2017 as against Rs 0.80 crore during the previous quarter ended March 2016. Sales rose 77.07% to Rs 169.81 crore in the quarter ended March 2017 as against Rs 95.90 crore during the previous quarter ended March 2016.

For the full year,net profit rose 592.66% to Rs 22.65 crore in the year ended March 2017 as against Rs 3.27 crore during the previous year ended March 2016. Sales rose 52.48% to Rs 528.19 crore in the year ended March 2017 as against Rs 346.39 crore during the previous year ended March 2016.

ParticularsQuarter EndedYear EndedMar. 2017Mar. 2016% Var.Mar. 2017Mar. 2016% Var.Sales169.8195.90 77 528.19346.39 52 OPM %7.901.50 -7.252.56 - PBDT11.822.40 393 31.156.15 407 PBT10.871.67 551 27.803.23 761 NP8.210.80 926 22.653.27 593

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