Pearl Global Industries standalone net profit rises 63.45% in the March 2017 quarter

Sales rise 15.99% to Rs 328.62 crore

Net profit of Pearl Global Industries rose 63.45% to Rs 8.14 crore in the quarter ended March 2017 as against Rs 4.98 crore during the previous quarter ended March 2016. Sales rose 15.99% to Rs 328.62 crore in the quarter ended March 2017 as against Rs 283.31 crore during the previous quarter ended March 2016.

For the full year,net profit declined 34.46% to Rs 8.73 crore in the year ended March 2017 as against Rs 13.32 crore during the previous year ended March 2016. Sales rose 11.67% to Rs 857.85 crore in the year ended March 2017 as against Rs 768.18 crore during the previous year ended March 2016.

ParticularsQuarter EndedYear EndedMar. 2017Mar. 2016% Var.Mar. 2017Mar. 2016% Var.Sales328.62283.31 16 857.85768.18 12 OPM %1.920.45 -0.031.40 - PBDT12.159.19 32 21.4429.89 -28 PBT9.006.62 36 10.2319.87 -49 NP8.144.98 63 8.7313.32 -34

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