IFB Industries standalone net profit declines 46.61% in the March 2017 quarter

Sales rise 16.46% to Rs 429.17 crore

Net profit of IFB Industries declined 46.61% to Rs 2.68 crore in the quarter ended March 2017 as against Rs 5.02 crore during the previous quarter ended March 2016. Sales rose 16.46% to Rs 429.17 crore in the quarter ended March 2017 as against Rs 368.51 crore during the previous quarter ended March 2016.

For the full year,net profit rose 62.53% to Rs 50.97 crore in the year ended March 2017 as against Rs 31.36 crore during the previous year ended March 2016. Sales rose 15.97% to Rs 1740.65 crore in the year ended March 2017 as against Rs 1500.94 crore during the previous year ended March 2016.

ParticularsQuarter EndedYear EndedMar. 2017Mar. 2016% Var.Mar. 2017Mar. 2016% Var.Sales429.17368.51 16 1740.651500.94 16 OPM %2.302.45 -5.604.63 - PBDT12.4415.65 -21 105.4480.53 31 PBT1.065.32 -80 61.8135.16 76 NP2.685.02 -47 50.9731.36 63

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