SORIL Infra Resources consolidated net profit declines 44.02% in the March 2017 quarter

Sales decline 66.08% to Rs 36.86 crore

Net profit of SORIL Infra Resources declined 44.02% to Rs 21.77 crore in the quarter ended March 2017 as against Rs 38.89 crore during the previous quarter ended March 2016. Sales declined 66.08% to Rs 36.86 crore in the quarter ended March 2017 as against Rs 108.68 crore during the previous quarter ended March 2016.

For the full year,net profit declined 42.94% to Rs 31.48 crore in the year ended March 2017 as against Rs 55.17 crore during the previous year ended March 2016. Sales declined 24.16% to Rs 197.10 crore in the year ended March 2017 as against Rs 259.90 crore during the previous year ended March 2016.

ParticularsQuarter EndedYear EndedMar. 2017Mar. 2016% Var.Mar. 2017Mar. 2016% Var.Sales36.86108.68 -66 197.10259.90 -24 OPM %27.6540.82 -16.8530.53 - PBDT25.3742.43 -40 45.9569.28 -34 PBT21.7738.89 -44 31.4855.17 -43 NP21.7738.89 -44 31.4855.17 -43

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