Srikalahasthi Pipes standalone net profit declines 31.41% in the March 2017 quarter

Sales rise 37.18% to Rs 432.20 crore

Net profit of Srikalahasthi Pipes declined 31.41% to Rs 31.19 crore in the quarter ended March 2017 as against Rs 45.47 crore during the previous quarter ended March 2016. Sales rose 37.18% to Rs 432.20 crore in the quarter ended March 2017 as against Rs 315.05 crore during the previous quarter ended March 2016.

For the full year,net profit declined 9.72% to Rs 140.23 crore in the year ended March 2017 as against Rs 155.32 crore during the previous year ended March 2016. Sales rose 2.82% to Rs 1177.87 crore in the year ended March 2017 as against Rs 1145.61 crore during the previous year ended March 2016.

ParticularsQuarter EndedYear EndedMar. 2017Mar. 2016% Var.Mar. 2017Mar. 2016% Var.Sales432.20315.05 37 1177.871145.61 3 OPM %12.8621.96 -20.1223.28 - PBDT52.9668.03 -22 228.11244.18 -7 PBT44.1459.34 -26 191.22209.51 -9 NP31.1945.47 -31 140.23155.32 -10

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