Shree Ajit Pulp and Paper consolidated net profit rises 78.18% in the March 2016 quarter

Sales rise 23.38% to Rs 61.69 crore

Net profit of Shree Ajit Pulp and Paper rose 78.18% to Rs 2.94 crore in the quarter ended March 2016 as against Rs 1.65 crore during the previous quarter ended March 2015. Sales rose 23.38% to Rs 61.69 crore in the quarter ended March 2016 as against Rs 50.00 crore during the previous quarter ended March 2015.

For the full year,net profit rose 65.68% to Rs 11.78 crore in the year ended March 2016 as against Rs 7.11 crore during the previous year ended March 2015. Sales rose 16.96% to Rs 237.23 crore in the year ended March 2016 as against Rs 202.83 crore during the previous year ended March 2015.

ParticularsQuarter EndedYear EndedMar. 2016Mar. 2015% Var.Mar. 2016Mar. 2015% Var.Sales61.6950.00 23 237.23202.83 17 OPM %11.5410.72 -11.829.83 - PBDT5.914.21 40 23.3415.05 55 PBT4.552.86 59 17.909.76 83 NP2.941.65 78 11.787.11 66

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