Pennar Industries standalone net profit rises 50.92% in the March 2017 quarter

Sales rise 15.48% to Rs 280.84 crore

Net profit of Pennar Industries rose 50.92% to Rs 13.96 crore in the quarter ended March 2017 as against Rs 9.25 crore during the previous quarter ended March 2016. Sales rose 15.48% to Rs 280.84 crore in the quarter ended March 2017 as against Rs 243.19 crore during the previous quarter ended March 2016.

For the full year,net profit rose 11.25% to Rs 30.06 crore in the year ended March 2017 as against Rs 27.02 crore during the previous year ended March 2016. Sales rose 13.34% to Rs 987.70 crore in the year ended March 2017 as against Rs 871.43 crore during the previous year ended March 2016.

ParticularsQuarter EndedYear EndedMar. 2017Mar. 2016% Var.Mar. 2017Mar. 2016% Var.Sales280.84243.19 15 987.70871.43 13 OPM %11.349.32 -9.109.02 - PBDT21.9814.74 49 59.6153.08 12 PBT19.0712.12 57 47.8641.59 15 NP13.969.25 51 30.0627.02 11

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