Premco Global standalone net profit declines 43.15% in the March 2017 quarter

Sales decline 0.93% to Rs 14.94 crore

Net profit of Premco Global declined 43.15% to Rs 1.95 crore in the quarter ended March 2017 as against Rs 3.43 crore during the previous quarter ended March 2016. Sales declined 0.93% to Rs 14.94 crore in the quarter ended March 2017 as against Rs 15.08 crore during the previous quarter ended March 2016.

For the full year,net profit declined 22.12% to Rs 9.86 crore in the year ended March 2017 as against Rs 12.66 crore during the previous year ended March 2016. Sales declined 5.02% to Rs 66.99 crore in the year ended March 2017 as against Rs 70.53 crore during the previous year ended March 2016.

ParticularsQuarter EndedYear EndedMar. 2017Mar. 2016% Var.Mar. 2017Mar. 2016% Var.Sales14.9415.08 -1 66.9970.53 -5 OPM %29.0538.53 -26.3528.58 - PBDT3.686.13 -40 17.4621.72 -20 PBT3.095.55 -44 15.1219.51 -23 NP1.953.43 -43 9.8612.66 -22

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