Oceanaa Biotek industries standalone net profit rises 6.35% in the March 2017 quarter

Sales decline 68.13% to Rs 3.56 crore

Net profit of Oceanaa Biotek industries rose 6.35% to Rs 0.67 crore in the quarter ended March 2017 as against Rs 0.63 crore during the previous quarter ended March 2016. Sales declined 68.13% to Rs 3.56 crore in the quarter ended March 2017 as against Rs 11.17 crore during the previous quarter ended March 2016.

For the full year,net profit rose 23.85% to Rs 2.70 crore in the year ended March 2017 as against Rs 2.18 crore during the previous year ended March 2016. Sales rose 14.22% to Rs 36.70 crore in the year ended March 2017 as against Rs 32.13 crore during the previous year ended March 2016.

ParticularsQuarter EndedYear EndedMar. 2017Mar. 2016% Var.Mar. 2017Mar. 2016% Var.Sales3.5611.17 -68 36.7032.13 14 OPM %39.6115.04 -14.5815.75 - PBDT1.431.67 -14 5.375.03 7 PBT1.151.32 -13 4.273.69 16 NP0.670.63 6 2.702.18 24

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