Shree Karthik Papers standalone net profit declines 24.62% in the March 2017 quarter

Sales rise 38.74% to Rs 13.18 crore

Net profit of Shree Karthik Papers declined 24.62% to Rs 1.50 crore in the quarter ended March 2017 as against Rs 1.99 crore during the previous quarter ended March 2016. Sales rose 38.74% to Rs 13.18 crore in the quarter ended March 2017 as against Rs 9.50 crore during the previous quarter ended March 2016.

For the full year,net profit rose 47.03% to Rs 2.72 crore in the year ended March 2017 as against Rs 1.85 crore during the previous year ended March 2016. Sales rose 80.11% to Rs 47.46 crore in the year ended March 2017 as against Rs 26.35 crore during the previous year ended March 2016.

ParticularsQuarter EndedYear EndedMar. 2017Mar. 2016% Var.Mar. 2017Mar. 2016% Var.Sales13.189.50 39 47.4626.35 80 OPM %12.7525.16 -7.5212.49 - PBDT1.602.35 -32 3.122.52 24 PBT1.501.99 -25 2.721.85 47 NP1.501.99 -25 2.721.85 47

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