ICRA consolidated net profit rises 13.60% in the March 2017 quarter

Sales decline 14.56% to Rs 78.36 crore

Net profit of ICRA rose 13.60% to Rs 21.97 crore in the quarter ended March 2017 as against Rs 19.34 crore during the previous quarter ended March 2016. Sales declined 14.56% to Rs 78.36 crore in the quarter ended March 2017 as against Rs 91.71 crore during the previous quarter ended March 2016.

For the full year,net profit declined 2.70% to Rs 74.18 crore in the year ended March 2017 as against Rs 76.24 crore during the previous year ended March 2016. Sales declined 2.48% to Rs 331.33 crore in the year ended March 2017 as against Rs 339.76 crore during the previous year ended March 2016.

ParticularsQuarter EndedYear EndedMar. 2017Mar. 2016% Var.Mar. 2017Mar. 2016% Var.Sales78.3691.71 -15 331.33339.76 -2 OPM %37.6331.11 -30.4429.74 - PBDT35.7533.44 7 125.39127.58 -2 PBT33.7430.59 10 116.85118.00 -1 NP21.9719.34 14 74.1876.24 -3

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