Gujarat Raffia Industries standalone net profit rises 10.34% in the March 2017 quarter

Sales rise 29.80% to Rs 12.24 crore

Net profit of Gujarat Raffia Industries rose 10.34% to Rs 0.32 crore in the quarter ended March 2017 as against Rs 0.29 crore during the previous quarter ended March 2016. Sales rose 29.80% to Rs 12.24 crore in the quarter ended March 2017 as against Rs 9.43 crore during the previous quarter ended March 2016.

For the full year,net profit declined 1.27% to Rs 0.78 crore in the year ended March 2017 as against Rs 0.79 crore during the previous year ended March 2016. Sales declined 0.71% to Rs 36.33 crore in the year ended March 2017 as against Rs 36.59 crore during the previous year ended March 2016.

ParticularsQuarter EndedYear EndedMar. 2017Mar. 2016% Var.Mar. 2017Mar. 2016% Var.Sales12.249.43 30 36.3336.59 -1 OPM %6.452.97 -11.159.26 - PBDT0.690.85 -19 2.733.01 -9 PBT0.380.37 3 1.021.00 2 NP0.320.29 10 0.780.79 -1

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