Suryalakshmi Cotton Mills standalone net profit declines 50.60% in the March 2017 quarter

Sales rise 7.16% to Rs 232.70 crore

Net profit of Suryalakshmi Cotton Mills declined 50.60% to Rs 4.51 crore in the quarter ended March 2017 as against Rs 9.13 crore during the previous quarter ended March 2016. Sales rose 7.16% to Rs 232.70 crore in the quarter ended March 2017 as against Rs 217.15 crore during the previous quarter ended March 2016.

For the full year,net profit declined 27.22% to Rs 21.87 crore in the year ended March 2017 as against Rs 30.05 crore during the previous year ended March 2016. Sales rose 0.28% to Rs 761.92 crore in the year ended March 2017 as against Rs 759.80 crore during the previous year ended March 2016.

ParticularsQuarter EndedYear EndedMar. 2017Mar. 2016% Var.Mar. 2017Mar. 2016% Var.Sales232.70217.15 7 761.92759.80 0 OPM %8.5514.46 -12.6014.43 - PBDT11.8922.23 -47 61.8776.20 -19 PBT4.5713.75 -67 30.3044.88 -32 NP4.519.13 -51 21.8730.05 -27

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