Kothari Products standalone net profit rises 118.37% in the March 2017 quarter

Sales decline 27.30% to Rs 1021.28 crore

Net profit of Kothari Products rose 118.37% to Rs 21.75 crore in the quarter ended March 2017 as against Rs 9.96 crore during the previous quarter ended March 2016. Sales declined 27.30% to Rs 1021.28 crore in the quarter ended March 2017 as against Rs 1404.87 crore during the previous quarter ended March 2016.

For the full year,net profit rose 16.42% to Rs 64.51 crore in the year ended March 2017 as against Rs 55.41 crore during the previous year ended March 2016. Sales declined 6.39% to Rs 4348.04 crore in the year ended March 2017 as against Rs 4644.88 crore during the previous year ended March 2016.

ParticularsQuarter EndedYear EndedMar. 2017Mar. 2016% Var.Mar. 2017Mar. 2016% Var.Sales1021.281404.87 -27 4348.044644.88 -6 OPM %2.371.36 -2.042.13 - PBDT30.6616.16 90 97.0985.52 14 PBT30.1915.73 92 95.5083.83 14 NP21.759.96 118 64.5155.41 16

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