IFB Agro Industries standalone net profit declines 25.15% in the March 2017 quarter

Sales rise 4.55% to Rs 136.50 crore

Net profit of IFB Agro Industries declined 25.15% to Rs 4.94 crore in the quarter ended March 2017 as against Rs 6.60 crore during the previous quarter ended March 2016. Sales rose 4.55% to Rs 136.50 crore in the quarter ended March 2017 as against Rs 130.56 crore during the previous quarter ended March 2016.

For the full year,net profit rose 9.31% to Rs 32.06 crore in the year ended March 2017 as against Rs 29.33 crore during the previous year ended March 2016. Sales rose 32.10% to Rs 807.05 crore in the year ended March 2017 as against Rs 610.93 crore during the previous year ended March 2016.

ParticularsQuarter EndedYear EndedMar. 2017Mar. 2016% Var.Mar. 2017Mar. 2016% Var.Sales136.50130.56 5 807.05610.93 32 OPM %5.338.31 -6.118.59 - PBDT11.8712.77 -7 60.5557.82 5 PBT6.366.16 3 40.2236.12 11 NP4.946.60 -25 32.0629.33 9

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