IFGL Refractories standalone net profit rises 170.93% in the March 2017 quarter

Sales rise 51.56% to Rs 103.44 crore

Net profit of IFGL Refractories rose 170.93% to Rs 6.15 crore in the quarter ended March 2017 as against Rs 2.27 crore during the previous quarter ended March 2016. Sales rose 51.56% to Rs 103.44 crore in the quarter ended March 2017 as against Rs 68.25 crore during the previous quarter ended March 2016.

For the full year,net profit declined 9.59% to Rs 16.78 crore in the year ended March 2017 as against Rs 18.56 crore during the previous year ended March 2016. Sales rose 15.76% to Rs 352.20 crore in the year ended March 2017 as against Rs 304.24 crore during the previous year ended March 2016.

ParticularsQuarter EndedYear EndedMar. 2017Mar. 2016% Var.Mar. 2017Mar. 2016% Var.Sales103.4468.25 52 352.20304.24 16 OPM %11.307.44 -9.5511.23 - PBDT11.675.35 118 32.9835.18 -6 PBT9.783.57 174 26.0828.74 -9 NP6.152.27 171 16.7818.56 -10

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