LWS Knitwear standalone net profit declines 71.43% in the March 2017 quarter

Sales decline 13.26% to Rs 9.16 crore

Net profit of LWS Knitwear declined 71.43% to Rs 0.02 crore in the quarter ended March 2017 as against Rs 0.07 crore during the previous quarter ended March 2016. Sales declined 13.26% to Rs 9.16 crore in the quarter ended March 2017 as against Rs 10.56 crore during the previous quarter ended March 2016.

For the full year,net profit declined 18.18% to Rs 0.09 crore in the year ended March 2017 as against Rs 0.11 crore during the previous year ended March 2016. Sales rose 19.95% to Rs 32.23 crore in the year ended March 2017 as against Rs 26.87 crore during the previous year ended March 2016.

ParticularsQuarter EndedYear EndedMar. 2017Mar. 2016% Var.Mar. 2017Mar. 2016% Var.Sales9.1610.56 -13 32.2326.87 20 OPM %5.681.99 -1.831.60 - PBDT0.080.17 -53 0.150.21 -29 PBT0.060.15 -60 0.130.19 -32 NP0.020.07 -71 0.090.11 -18

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