Kriti Industries (India) standalone net profit declines 58.90% in the March 2017 quarter

Sales decline 7.34% to Rs 80.76 crore

Net profit of Kriti Industries (India) declined 58.90% to Rs 0.60 crore in the quarter ended March 2017 as against Rs 1.46 crore during the previous quarter ended March 2016. Sales declined 7.34% to Rs 80.76 crore in the quarter ended March 2017 as against Rs 87.16 crore during the previous quarter ended March 2016.

For the full year,net profit declined 24.12% to Rs 8.87 crore in the year ended March 2017 as against Rs 11.69 crore during the previous year ended March 2016. Sales declined 21.14% to Rs 364.50 crore in the year ended March 2017 as against Rs 462.21 crore during the previous year ended March 2016.

ParticularsQuarter EndedYear EndedMar. 2017Mar. 2016% Var.Mar. 2017Mar. 2016% Var.Sales80.7687.16 -7 364.50462.21 -21 OPM %6.699.17 -7.908.12 - PBDT2.704.72 -43 18.0423.37 -23 PBT1.263.67 -66 13.2419.32 -31 NP0.601.46 -59 8.8711.69 -24

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