KCP Sugar & Industries Corporation reports standalone net loss of Rs 7.94 crore in the March 2017 quarter

Sales decline 21.36% to Rs 149.25 crore

Net loss of KCP Sugar & Industries Corporation reported to Rs 7.94 crore in the quarter ended March 2017 as against net profit of Rs 7.25 crore during the previous quarter ended March 2016. Sales declined 21.36% to Rs 149.25 crore in the quarter ended March 2017 as against Rs 189.80 crore during the previous quarter ended March 2016.

For the full year,net profit rose 262.33% to Rs 31.74 crore in the year ended March 2017 as against Rs 8.76 crore during the previous year ended March 2016. Sales rose 1.77% to Rs 519.29 crore in the year ended March 2017 as against Rs 510.27 crore during the previous year ended March 2016.

ParticularsQuarter EndedYear EndedMar. 2017Mar. 2016% Var.Mar. 2017Mar. 2016% Var.Sales149.25189.80 -21 519.29510.27 2 OPM %-0.298.25 -10.873.30 - PBDT-1.8115.01 PL 55.9119.04 194 PBT-7.388.85 PL 46.738.78 432 NP-7.947.25 PL 31.748.76 262

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