Jain Irrigation Systems standalone net profit rises 113.69% in the March 2017 quarter

Sales decline 10.84% to Rs 1282.06 crore

Net profit of Jain Irrigation Systems rose 113.69% to Rs 123.32 crore in the quarter ended March 2017 as against Rs 57.71 crore during the previous quarter ended March 2016. Sales declined 10.84% to Rs 1282.06 crore in the quarter ended March 2017 as against Rs 1437.96 crore during the previous quarter ended March 2016.

For the full year,net profit rose 167.87% to Rs 163.80 crore in the year ended March 2017 as against Rs 61.15 crore during the previous year ended March 2016. Sales declined 13.19% to Rs 3710.24 crore in the year ended March 2017 as against Rs 4273.94 crore during the previous year ended March 2016.

ParticularsQuarter EndedYear EndedMar. 2017Mar. 2016% Var.Mar. 2017Mar. 2016% Var.Sales1282.061437.96 -11 3710.244273.94 -13 OPM %18.1018.77 -16.3316.01 - PBDT240.02184.57 30 384.29322.29 19 PBT181.65102.10 78 203.1892.98 119 NP123.3257.71 114 163.8061.15 168

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