Indag Rubber standalone net profit declines 26.44% in the March 2017 quarter

Sales decline 10.80% to Rs 49.57 crore

Net profit of Indag Rubber declined 26.44% to Rs 5.62 crore in the quarter ended March 2017 as against Rs 7.64 crore during the previous quarter ended March 2016. Sales declined 10.80% to Rs 49.57 crore in the quarter ended March 2017 as against Rs 55.57 crore during the previous quarter ended March 2016.

For the full year,net profit declined 31.06% to Rs 22.04 crore in the year ended March 2017 as against Rs 31.97 crore during the previous year ended March 2016. Sales declined 27.25% to Rs 183.90 crore in the year ended March 2017 as against Rs 252.80 crore during the previous year ended March 2016.

ParticularsQuarter EndedYear EndedMar. 2017Mar. 2016% Var.Mar. 2017Mar. 2016% Var.Sales49.5755.57 -11 183.90252.80 -27 OPM %16.5819.09 -15.7518.14 - PBDT9.1811.98 -23 34.7350.64 -31 PBT8.4111.29 -26 31.7747.88 -34 NP5.627.64 -26 22.0431.97 -31

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