Tai Industries reports standalone net profit of Rs 0.01 crore in the March 2017 quarter

Sales rise 87.48% to Rs 19.01 crore

Net profit of Tai Industries reported to Rs 0.01 crore in the quarter ended March 2017. There were no net profit/loss reported during the previous quarter ended March 2016. Sales rose 87.48% to Rs 19.01 crore in the quarter ended March 2017 as against Rs 10.14 crore during the previous quarter ended March 2016.

For the full year,net profit declined 41.94% to Rs 0.54 crore in the year ended March 2017 as against Rs 0.93 crore during the previous year ended March 2016. Sales rose 16.40% to Rs 65.65 crore in the year ended March 2017 as against Rs 56.40 crore during the previous year ended March 2016.

ParticularsQuarter EndedYear EndedMar. 2017Mar. 2016% Var.Mar. 2017Mar. 2016% Var.Sales19.0110.14 87 65.6556.40 16 OPM %0.05-7.10 --0.81-2.89 - PBDT0.10-0.08 LP 0.761.01 -25 PBT0.04-0.12 LP 0.570.84 -32 NP0.010 0 0.540.93 -42

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