MPS standalone net profit declines 11.04% in the March 2017 quarter

Sales rise 3.69% to Rs 57.06 crore

Net profit of MPS declined 11.04% to Rs 18.86 crore in the quarter ended March 2017 as against Rs 21.20 crore during the previous quarter ended March 2016. Sales rose 3.69% to Rs 57.06 crore in the quarter ended March 2017 as against Rs 55.03 crore during the previous quarter ended March 2016.

For the full year,net profit declined 1.46% to Rs 69.50 crore in the year ended March 2017 as against Rs 70.53 crore during the previous year ended March 2016. Sales declined 0.21% to Rs 223.56 crore in the year ended March 2017 as against Rs 224.04 crore during the previous year ended March 2016.

ParticularsQuarter EndedYear EndedMar. 2017Mar. 2016% Var.Mar. 2017Mar. 2016% Var.Sales57.0655.03 4 223.56224.04 0 OPM %41.5538.60 -38.9739.96 - PBDT27.9329.27 -5 105.78107.74 -2 PBT26.6328.18 -6 101.18103.88 -3 NP18.8621.20 -11 69.5070.53 -1

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