Phoenix Mills reports consolidated net profit of Rs 51.40 crore in the March 2017 quarter

Sales decline 2.49% to Rs 454.40 crore

Net profit of Phoenix Mills reported to Rs 51.40 crore in the quarter ended March 2017 as against net loss of Rs 10.06 crore during the previous quarter ended March 2016. Sales declined 2.49% to Rs 454.40 crore in the quarter ended March 2017 as against Rs 465.98 crore during the previous quarter ended March 2016.

For the full year,net profit rose 128.28% to Rs 190.96 crore in the year ended March 2017 as against Rs 83.65 crore during the previous year ended March 2016. Sales rose 2.53% to Rs 1824.61 crore in the year ended March 2017 as against Rs 1779.51 crore during the previous year ended March 2016.

ParticularsQuarter EndedYear EndedMar. 2017Mar. 2016% Var.Mar. 2017Mar. 2016% Var.Sales454.40465.98 -2 1824.611779.51 3 OPM %43.9443.97 -46.4244.22 - PBDT120.7792.55 30 471.08374.67 26 PBT69.0044.87 54 275.77197.39 40 NP51.40-10.06 LP 190.9683.65 128

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