Premier Synthetics standalone net profit declines 65.63% in the March 2017 quarter

Sales decline 68.42% to Rs 1.32 crore

Net profit of Premier Synthetics declined 65.63% to Rs 0.22 crore in the quarter ended March 2017 as against Rs 0.64 crore during the previous quarter ended March 2016. Sales declined 68.42% to Rs 1.32 crore in the quarter ended March 2017 as against Rs 4.18 crore during the previous quarter ended March 2016.

For the full year,net profit rose 61.11% to Rs 0.58 crore in the year ended March 2017 as against Rs 0.36 crore during the previous year ended March 2016. Sales declined 31.35% to Rs 9.59 crore in the year ended March 2017 as against Rs 13.97 crore during the previous year ended March 2016.

ParticularsQuarter EndedYear EndedMar. 2017Mar. 2016% Var.Mar. 2017Mar. 2016% Var.Sales1.324.18 -68 9.5913.97 -31 OPM %28.7930.14 -23.8824.34 - PBDT0.381.28 -70 2.283.45 -34 PBT0.220.64 -66 0.580.90 -36 NP0.220.64 -66 0.580.36 61

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