KIC Metaliks standalone net profit rises 779.41% in the March 2017 quarter

Sales decline 20.62% to Rs 93.38 crore

Net profit of KIC Metaliks rose 779.41% to Rs 2.99 crore in the quarter ended March 2017 as against Rs 0.34 crore during the previous quarter ended March 2016. Sales declined 20.62% to Rs 93.38 crore in the quarter ended March 2017 as against Rs 117.64 crore during the previous quarter ended March 2016.

For the full year,net profit rose 389.33% to Rs 3.67 crore in the year ended March 2017 as against Rs 0.75 crore during the previous year ended March 2016. Sales declined 7.59% to Rs 288.56 crore in the year ended March 2017 as against Rs 312.26 crore during the previous year ended March 2016.

ParticularsQuarter EndedYear EndedMar. 2017Mar. 2016% Var.Mar. 2017Mar. 2016% Var.Sales93.38117.64 -21 288.56312.26 -8 OPM %7.612.10 -6.004.37 - PBDT6.162.31 167 13.559.34 45 PBT4.030.20 1915 5.030.71 608 NP2.990.34 779 3.670.75 389

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