Liberty Shoes standalone net profit declines 64.62% in the March 2017 quarter

Sales rise 21.52% to Rs 142.69 crore

Net profit of Liberty Shoes declined 64.62% to Rs 0.92 crore in the quarter ended March 2017 as against Rs 2.60 crore during the previous quarter ended March 2016. Sales rose 21.52% to Rs 142.69 crore in the quarter ended March 2017 as against Rs 117.42 crore during the previous quarter ended March 2016.

For the full year,net profit declined 35.95% to Rs 6.54 crore in the year ended March 2017 as against Rs 10.21 crore during the previous year ended March 2016. Sales rose 9.52% to Rs 497.39 crore in the year ended March 2017 as against Rs 454.17 crore during the previous year ended March 2016.

ParticularsQuarter EndedYear EndedMar. 2017Mar. 2016% Var.Mar. 2017Mar. 2016% Var.Sales142.69117.42 22 497.39454.17 10 OPM %7.219.82 -7.959.49 - PBDT6.587.69 -14 24.1727.06 -11 PBT3.034.18 -28 10.5813.56 -22 NP0.922.60 -65 6.5410.21 -36

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