MBL Infrastructures consolidated net profit declines 27.23% in the March 2017 quarter

Sales decline 1.95% to Rs 615.86 crore

Net profit of MBL Infrastructures declined 27.23% to Rs 9.81 crore in the quarter ended March 2017 as against Rs 13.48 crore during the previous quarter ended March 2016. Sales declined 1.95% to Rs 615.86 crore in the quarter ended March 2017 as against Rs 628.10 crore during the previous quarter ended March 2016.

For the full year,net loss reported to Rs 65.80 crore in the year ended March 2017 as against net profit of Rs 86.86 crore during the previous year ended March 2016. Sales declined 2.62% to Rs 2281.32 crore in the year ended March 2017 as against Rs 2342.69 crore during the previous year ended March 2016.

ParticularsQuarter EndedYear EndedMar. 2017Mar. 2016% Var.Mar. 2017Mar. 2016% Var.Sales615.86628.10 -2 2281.322342.69 -3 OPM %4.729.93 -0.4410.77 - PBDT20.8233.63 -38 -98.99144.82 PL PBT16.2518.01 -10 -126.21111.67 PL NP9.8113.48 -27 -65.8086.86 PL

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