IFB Agro Industries standalone net profit rises 124.92% in the March 2018 quarter

Sales rise 23.11% to Rs 179.30 crore

Net profit of IFB Agro Industries rose 124.92% to Rs 7.49 crore in the quarter ended March 2018 as against Rs 3.33 crore during the previous quarter ended March 2017. Sales rose 23.11% to Rs 179.30 crore in the quarter ended March 2018 as against Rs 145.64 crore during the previous quarter ended March 2017.

For the full year,net profit declined 3.40% to Rs 31.57 crore in the year ended March 2018 as against Rs 32.68 crore during the previous year ended March 2017. Sales rose 5.85% to Rs 889.10 crore in the year ended March 2018 as against Rs 839.94 crore during the previous year ended March 2017.

ParticularsQuarter EndedYear EndedMar. 2018Mar. 2017% Var.Mar. 2018Mar. 2017% Var.Sales179.30145.64 23 889.10839.94 6 OPM %7.203.34 -6.536.10 - PBDT16.219.39 73 65.2761.48 6 PBT10.263.88 164 43.8341.15 7 NP7.493.33 125 31.5732.68 -3

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