Refex Industries standalone net profit declines 93.42% in the March 2017 quarter

Sales decline 91.49% to Rs 5.82 crore

Net profit of Refex Industries declined 93.42% to Rs 0.53 crore in the quarter ended March 2017 as against Rs 8.05 crore during the previous quarter ended March 2016. Sales declined 91.49% to Rs 5.82 crore in the quarter ended March 2017 as against Rs 68.37 crore during the previous quarter ended March 2016.

For the full year,net profit declined 91.35% to Rs 0.46 crore in the year ended March 2017 as against Rs 5.32 crore during the previous year ended March 2016. Sales declined 51.61% to Rs 37.72 crore in the year ended March 2017 as against Rs 77.95 crore during the previous year ended March 2016.

ParticularsQuarter EndedYear EndedMar. 2017Mar. 2016% Var.Mar. 2017Mar. 2016% Var.Sales5.8268.37 -91 37.7277.95 -52 OPM %-4.126.54 -5.733.37 - PBDT0.803.15 -75 1.321.34 -1 PBT0.603.05 -80 0.530.32 66 NP0.538.05 -93 0.465.32 -91

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