Nitta Gelatin India standalone net profit declines 62.72% in the March 2017 quarter

Sales decline 18.13% to Rs 74.07 crore

Net profit of Nitta Gelatin India declined 62.72% to Rs 1.48 crore in the quarter ended March 2017 as against Rs 3.97 crore during the previous quarter ended March 2016. Sales declined 18.13% to Rs 74.07 crore in the quarter ended March 2017 as against Rs 90.47 crore during the previous quarter ended March 2016.

For the full year,net profit rose 4.91% to Rs 17.51 crore in the year ended March 2017 as against Rs 16.69 crore during the previous year ended March 2016. Sales declined 7.49% to Rs 322.55 crore in the year ended March 2017 as against Rs 348.65 crore during the previous year ended March 2016.

ParticularsQuarter EndedYear EndedMar. 2017Mar. 2016% Var.Mar. 2017Mar. 2016% Var.Sales74.0790.47 -18 322.55348.65 -7 OPM %6.1212.71 -11.4011.10 - PBDT5.8410.58 -45 38.2635.86 7 PBT3.108.20 -62 27.7526.43 5 NP1.483.97 -63 17.5116.69 5

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