Time Technoplast standalone net profit rises 41.89% in the March 2017 quarter

Sales rise 26.18% to Rs 491.00 crore

Net profit of Time Technoplast rose 41.89% to Rs 34.55 crore in the quarter ended March 2017 as against Rs 24.35 crore during the previous quarter ended March 2016. Sales rose 26.18% to Rs 491.00 crore in the quarter ended March 2017 as against Rs 389.13 crore during the previous quarter ended March 2016.

For the full year,net profit declined 4.16% to Rs 94.90 crore in the year ended March 2017 as against Rs 99.02 crore during the previous year ended March 2016. Sales rose 16.76% to Rs 1596.14 crore in the year ended March 2017 as against Rs 1367.03 crore during the previous year ended March 2016.

ParticularsQuarter EndedYear EndedMar. 2017Mar. 2016% Var.Mar. 2017Mar. 2016% Var.Sales491.00389.13 26 1596.141367.03 17 OPM %15.7515.62 -15.5215.46 - PBDT63.8346.31 38 193.32150.85 28 PBT44.8731.69 42 126.9596.00 32 NP34.5524.35 42 94.9099.02 -4

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