Hubtown standalone net profit declines 16.21% in the March 2017 quarter

Sales rise 262.93% to Rs 266.39 crore

Net profit of Hubtown declined 16.21% to Rs 6.41 crore in the quarter ended March 2017 as against Rs 7.65 crore during the previous quarter ended March 2016. Sales rose 262.93% to Rs 266.39 crore in the quarter ended March 2017 as against Rs 73.40 crore during the previous quarter ended March 2016.

For the full year,net profit declined 75.60% to Rs 6.54 crore in the year ended March 2017 as against Rs 26.80 crore during the previous year ended March 2016. Sales rose 62.92% to Rs 603.04 crore in the year ended March 2017 as against Rs 370.15 crore during the previous year ended March 2016.

ParticularsQuarter EndedYear EndedMar. 2017Mar. 2016% Var.Mar. 2017Mar. 2016% Var.Sales266.3973.40 263 603.04370.15 63 OPM %34.55108.69 -58.0881.16 - PBDT8.84-2.07 LP 15.1827.16 -44 PBT8.14-2.82 LP 12.3424.15 -49 NP6.417.65 -16 6.5426.80 -76

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