Rajratan Global Wire standalone net profit declines 34.31% in the March 2017 quarter

Sales rise 4.02% to Rs 47.31 crore

Net profit of Rajratan Global Wire declined 34.31% to Rs 2.47 crore in the quarter ended March 2017 as against Rs 3.76 crore during the previous quarter ended March 2016. Sales rose 4.02% to Rs 47.31 crore in the quarter ended March 2017 as against Rs 45.48 crore during the previous quarter ended March 2016.

For the full year,net profit declined 16.49% to Rs 8.05 crore in the year ended March 2017 as against Rs 9.64 crore during the previous year ended March 2016. Sales declined 14.65% to Rs 176.38 crore in the year ended March 2017 as against Rs 206.66 crore during the previous year ended March 2016.

ParticularsQuarter EndedYear EndedMar. 2017Mar. 2016% Var.Mar. 2017Mar. 2016% Var.Sales47.3145.48 4 176.38206.66 -15 OPM %11.2918.21 -11.2311.88 - PBDT4.846.62 -27 15.4117.71 -13 PBT3.735.86 -36 12.0614.63 -18 NP2.473.76 -34 8.059.64 -16

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