Madhav Infra Projects standalone net profit declines 55.61% in the March 2017 quarter

Sales rise 64.88% to Rs 154.20 crore

Net profit of Madhav Infra Projects declined 55.61% to Rs 1.82 crore in the quarter ended March 2017 as against Rs 4.10 crore during the previous quarter ended March 2016. Sales rose 64.88% to Rs 154.20 crore in the quarter ended March 2017 as against Rs 93.52 crore during the previous quarter ended March 2016.

For the full year,net profit declined 15.71% to Rs 7.67 crore in the year ended March 2017 as against Rs 9.10 crore during the previous year ended March 2016. Sales rose 9.31% to Rs 334.97 crore in the year ended March 2017 as against Rs 306.45 crore during the previous year ended March 2016.

ParticularsQuarter EndedYear EndedMar. 2017Mar. 2016% Var.Mar. 2017Mar. 2016% Var.Sales154.2093.52 65 334.97306.45 9 OPM %12.0210.80 -22.0912.73 - PBDT11.649.53 22 43.3923.17 87 PBT2.016.65 -70 9.3313.80 -32 NP1.824.10 -56 7.679.10 -16

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