Prabhu Steel Industries standalone net profit declines 49.09% in the March 2017 quarter

Sales rise 165.36% to Rs 8.12 crore

Net profit of Prabhu Steel Industries declined 49.09% to Rs 0.28 crore in the quarter ended March 2017 as against Rs 0.55 crore during the previous quarter ended March 2016. Sales rose 165.36% to Rs 8.12 crore in the quarter ended March 2017 as against Rs 3.06 crore during the previous quarter ended March 2016.

For the full year,net loss reported to Rs 0.10 crore in the year ended March 2017 as against net profit of Rs 0.87 crore during the previous year ended March 2016. Sales rose 320.79% to Rs 42.71 crore in the year ended March 2017 as against Rs 10.15 crore during the previous year ended March 2016.

ParticularsQuarter EndedYear EndedMar. 2017Mar. 2016% Var.Mar. 2017Mar. 2016% Var.Sales8.123.06 165 42.7110.15 321 OPM %4.4319.28 -0.16-6.90 - PBDT0.360.56 -36 0.02-0.75 LP PBT0.360.55 -35 0-0.77 100 NP0.280.55 -49 -0.100.87 PL

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