Manaksia Industries consolidated net profit declines 55.82% in the March 2017 quarter

Sales rise 80.93% to Rs 60.81 crore

Net profit of Manaksia Industries declined 55.82% to Rs 6.30 crore in the quarter ended March 2017 as against Rs 14.26 crore during the previous quarter ended March 2016. Sales rose 80.93% to Rs 60.81 crore in the quarter ended March 2017 as against Rs 33.61 crore during the previous quarter ended March 2016.

For the full year,net profit rose 45.79% to Rs 27.89 crore in the year ended March 2017 as against Rs 19.13 crore during the previous year ended March 2016. Sales declined 20.89% to Rs 124.50 crore in the year ended March 2017 as against Rs 157.38 crore during the previous year ended March 2016.

ParticularsQuarter EndedYear EndedMar. 2017Mar. 2016% Var.Mar. 2017Mar. 2016% Var.Sales60.8133.61 81 124.50157.38 -21 OPM %13.9049.60 -30.3424.22 - PBDT9.1115.40 -41 33.9733.95 0 PBT8.1114.40 -44 30.0719.20 57 NP6.3014.26 -56 27.8919.13 46

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