Manaksia consolidated net profit declines 34.26% in the March 2017 quarter

Sales rise 33.07% to Rs 394.37 crore

Net profit of Manaksia declined 34.26% to Rs 18.82 crore in the quarter ended March 2017 as against Rs 28.63 crore during the previous quarter ended March 2016. Sales rose 33.07% to Rs 394.37 crore in the quarter ended March 2017 as against Rs 296.37 crore during the previous quarter ended March 2016.

For the full year,net profit rose 8.38% to Rs 101.05 crore in the year ended March 2017 as against Rs 93.24 crore during the previous year ended March 2016. Sales declined 5.30% to Rs 1040.76 crore in the year ended March 2017 as against Rs 1099.01 crore during the previous year ended March 2016.

ParticularsQuarter EndedYear EndedMar. 2017Mar. 2016% Var.Mar. 2017Mar. 2016% Var.Sales394.37296.37 33 1040.761099.01 -5 OPM %10.0417.05 -16.9116.47 - PBDT35.2948.50 -27 164.60163.68 1 PBT24.0434.02 -29 116.63103.85 12 NP18.8228.63 -34 101.0593.24 8

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