Surana Solar standalone net profit declines 30.30% in the March 2017 quarter

Sales decline 56.65% to Rs 17.62 crore

Net profit of Surana Solar declined 30.30% to Rs 0.23 crore in the quarter ended March 2017 as against Rs 0.33 crore during the previous quarter ended March 2016. Sales declined 56.65% to Rs 17.62 crore in the quarter ended March 2017 as against Rs 40.65 crore during the previous quarter ended March 2016.

For the full year,net profit declined 21.60% to Rs 1.67 crore in the year ended March 2017 as against Rs 2.13 crore during the previous year ended March 2016. Sales declined 28.86% to Rs 84.09 crore in the year ended March 2017 as against Rs 118.21 crore during the previous year ended March 2016.

ParticularsQuarter EndedYear EndedMar. 2017Mar. 2016% Var.Mar. 2017Mar. 2016% Var.Sales17.6240.65 -57 84.09118.21 -29 OPM %8.465.58 -9.447.91 - PBDT1.311.19 10 5.196.10 -15 PBT0.640.45 42 2.443.11 -22 NP0.230.33 -30 1.672.13 -22

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