Star Paper Mills standalone net profit rises 247.16% in the March 2017 quarter

Sales rise 13.33% to Rs 83.23 crore

Net profit of Star Paper Mills rose 247.16% to Rs 18.33 crore in the quarter ended March 2017 as against Rs 5.28 crore during the previous quarter ended March 2016. Sales rose 13.33% to Rs 83.23 crore in the quarter ended March 2017 as against Rs 73.44 crore during the previous quarter ended March 2016.

For the full year,net profit rose 263.27% to Rs 59.94 crore in the year ended March 2017 as against Rs 16.50 crore during the previous year ended March 2016. Sales rose 19.19% to Rs 317.57 crore in the year ended March 2017 as against Rs 266.44 crore during the previous year ended March 2016.

ParticularsQuarter EndedYear EndedMar. 2017Mar. 2016% Var.Mar. 2017Mar. 2016% Var.Sales83.2373.44 13 317.57266.44 19 OPM %23.2812.84 -22.359.99 - PBDT19.279.35 106 71.2124.99 185 PBT18.448.28 123 67.0920.74 223 NP18.335.28 247 59.9416.50 263

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