Kalyani Forge reports standalone net profit of Rs 0.02 crore in the March 2017 quarter

Sales decline 0.17% to Rs 54.42 crore

Net profit of Kalyani Forge reported to Rs 0.02 crore in the quarter ended March 2017 as against net loss of Rs 1.25 crore during the previous quarter ended March 2016. Sales declined 0.17% to Rs 54.42 crore in the quarter ended March 2017 as against Rs 54.51 crore during the previous quarter ended March 2016.

For the full year,net profit rose 313.64% to Rs 4.55 crore in the year ended March 2017 as against Rs 1.10 crore during the previous year ended March 2016. Sales declined 0.47% to Rs 225.35 crore in the year ended March 2017 as against Rs 226.42 crore during the previous year ended March 2016.

ParticularsQuarter EndedYear EndedMar. 2017Mar. 2016% Var.Mar. 2017Mar. 2016% Var.Sales54.4254.51 0 225.35226.42 0 OPM %0.062.16 -7.166.77 - PBDT2.611.12 133 17.1113.71 25 PBT0.06-1.71 LP 6.702.04 228 NP0.02-1.25 LP 4.551.10 314

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