Rathi Bars standalone net profit rises 60.29% in the March 2017 quarter

Sales decline 31.55% to Rs 53.47 crore

Net profit of Rathi Bars rose 60.29% to Rs 1.09 crore in the quarter ended March 2017 as against Rs 0.68 crore during the previous quarter ended March 2016. Sales declined 31.55% to Rs 53.47 crore in the quarter ended March 2017 as against Rs 78.11 crore during the previous quarter ended March 2016.

For the full year,net profit declined 34.90% to Rs 0.97 crore in the year ended March 2017 as against Rs 1.49 crore during the previous year ended March 2016. Sales declined 11.37% to Rs 185.50 crore in the year ended March 2017 as against Rs 209.30 crore during the previous year ended March 2016.

ParticularsQuarter EndedYear EndedMar. 2017Mar. 2016% Var.Mar. 2017Mar. 2016% Var.Sales53.4778.11 -32 185.50209.30 -11 OPM %4.693.21 -4.034.15 - PBDT2.192.03 8 5.636.20 -9 PBT1.090.68 60 1.571.45 8 NP1.090.68 60 0.971.49 -35

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