IFGL Refractories consolidated net profit rises 28.93% in the March 2017 quarter

Sales rise 18.07% to Rs 208.39 crore

Net profit of IFGL Refractories rose 28.93% to Rs 13.68 crore in the quarter ended March 2017 as against Rs 10.61 crore during the previous quarter ended March 2016. Sales rose 18.07% to Rs 208.39 crore in the quarter ended March 2017 as against Rs 176.50 crore during the previous quarter ended March 2016.

For the full year,net profit rose 24.36% to Rs 52.17 crore in the year ended March 2017 as against Rs 41.95 crore during the previous year ended March 2016. Sales rose 6.78% to Rs 765.57 crore in the year ended March 2017 as against Rs 716.97 crore during the previous year ended March 2016.

ParticularsQuarter EndedYear EndedMar. 2017Mar. 2016% Var.Mar. 2017Mar. 2016% Var.Sales208.39176.50 18 765.57716.97 7 OPM %13.5710.26 -12.9610.62 - PBDT27.5818.42 50 97.5776.47 28 PBT22.1314.80 50 80.2160.88 32 NP13.6810.61 29 52.1741.95 24

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