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Ion Exchange (India) standalone net profit rises 57.69% in the March 2017 quarter

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Capital Market
Last Updated : May 25 2017 | 12:01 AM IST

Sales rise 45.52% to Rs 346.58 crore

Net profit of Ion Exchange (India) rose 57.69% to Rs 26.24 crore in the quarter ended March 2017 as against Rs 16.64 crore during the previous quarter ended March 2016. Sales rose 45.52% to Rs 346.58 crore in the quarter ended March 2017 as against Rs 238.16 crore during the previous quarter ended March 2016.

For the full year,net profit rose 33.23% to Rs 45.95 crore in the year ended March 2017 as against Rs 34.49 crore during the previous year ended March 2016. Sales rose 16.62% to Rs 930.00 crore in the year ended March 2017 as against Rs 797.48 crore during the previous year ended March 2016.

ParticularsQuarter EndedYear EndedMar. 2017Mar. 2016% Var.Mar. 2017Mar. 2016% Var.Sales346.58238.16 46 930.00797.48 17 OPM %12.1711.66 -8.577.49 - PBDT42.7927.14 58 80.9761.35 32 PBT39.9024.60 62 70.2051.36 37 NP26.2416.64 58 45.9534.49 33

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