Riba Textiles reports standalone net profit of Rs 1.91 crore in the March 2017 quarter

Sales rise 17.95% to Rs 35.55 crore

Net profit of Riba Textiles reported to Rs 1.91 crore in the quarter ended March 2017 as against net loss of Rs 0.14 crore during the previous quarter ended March 2016. Sales rose 17.95% to Rs 35.55 crore in the quarter ended March 2017 as against Rs 30.14 crore during the previous quarter ended March 2016.

For the full year,net profit rose 227.48% to Rs 4.29 crore in the year ended March 2017 as against Rs 1.31 crore during the previous year ended March 2016. Sales declined 2.31% to Rs 111.79 crore in the year ended March 2017 as against Rs 114.43 crore during the previous year ended March 2016.

ParticularsQuarter EndedYear EndedMar. 2017Mar. 2016% Var.Mar. 2017Mar. 2016% Var.Sales35.5530.14 18 111.79114.43 -2 OPM %7.402.09 -8.415.04 - PBDT2.650.45 489 8.394.31 95 PBT2.290.24 854 5.652.06 174 NP1.91-0.14 LP 4.291.31 227

Powered by Capital Market - Live News