Ramco Industries standalone net profit declines 39.99% in the March 2017 quarter

Sales decline 5.52% to Rs 177.73 crore

Net profit of Ramco Industries declined 39.99% to Rs 14.15 crore in the quarter ended March 2017 as against Rs 23.58 crore during the previous quarter ended March 2016. Sales declined 5.52% to Rs 177.73 crore in the quarter ended March 2017 as against Rs 188.12 crore during the previous quarter ended March 2016.

For the full year,net profit rose 79.66% to Rs 59.88 crore in the year ended March 2017 as against Rs 33.33 crore during the previous year ended March 2016. Sales rose 0.29% to Rs 682.96 crore in the year ended March 2017 as against Rs 681.01 crore during the previous year ended March 2016.

ParticularsQuarter EndedYear EndedMar. 2017Mar. 2016% Var.Mar. 2017Mar. 2016% Var.Sales177.73188.12 -6 682.96681.01 0 OPM %6.695.21 -10.705.77 - PBDT22.2922.56 -1 82.9334.27 142 PBT16.9917.11 -1 61.4514.67 319 NP14.1523.58 -40 59.8833.33 80

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