Oriental Veneer Products standalone net profit rises 48.21% in the March 2017 quarter

Sales rise 16.25% to Rs 23.47 crore

Net profit of Oriental Veneer Products rose 48.21% to Rs 0.83 crore in the quarter ended March 2017 as against Rs 0.56 crore during the previous quarter ended March 2016. Sales rose 16.25% to Rs 23.47 crore in the quarter ended March 2017 as against Rs 20.19 crore during the previous quarter ended March 2016.

For the full year,net profit rose 86.47% to Rs 7.72 crore in the year ended March 2017 as against Rs 4.14 crore during the previous year ended March 2016. Sales rose 7.78% to Rs 87.39 crore in the year ended March 2017 as against Rs 81.08 crore during the previous year ended March 2016.

ParticularsQuarter EndedYear EndedMar. 2017Mar. 2016% Var.Mar. 2017Mar. 2016% Var.Sales23.4720.19 16 87.3981.08 8 OPM %10.184.16 -14.707.91 - PBDT2.081.13 84 13.017.45 75 PBT1.730.97 78 12.036.40 88 NP0.830.56 48 7.724.14 86

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