Spentex Industries reports standalone net profit of Rs 26.53 crore in the March 2017 quarter

Sales decline 11.47% to Rs 195.64 crore

Net profit of Spentex Industries reported to Rs 26.53 crore in the quarter ended March 2017 as against net loss of Rs 19.44 crore during the previous quarter ended March 2016. Sales declined 11.47% to Rs 195.64 crore in the quarter ended March 2017 as against Rs 220.98 crore during the previous quarter ended March 2016.

For the full year,net loss reported to Rs 68.47 crore in the year ended March 2017 as against net loss of Rs 80.91 crore during the previous year ended March 2016. Sales declined 1.68% to Rs 775.24 crore in the year ended March 2017 as against Rs 788.46 crore during the previous year ended March 2016.

ParticularsQuarter EndedYear EndedMar. 2017Mar. 2016% Var.Mar. 2017Mar. 2016% Var.Sales195.64220.98 -11 775.24788.46 -2 OPM %-11.680.57 --6.41-0.23 - PBDT32.87-16.63 LP -53.96-69.66 23 PBT30.23-19.44 LP -64.77-80.91 20 NP26.53-19.44 LP -68.47-80.91 15

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