Vardhman Textiles standalone net profit rises 141.12% in the March 2016 quarter

Sales decline 1.27% to Rs 1389.93 crore

Net profit of Vardhman Textiles rose 141.12% to Rs 217.49 crore in the quarter ended March 2016 as against Rs 90.20 crore during the previous quarter ended March 2015. Sales declined 1.27% to Rs 1389.93 crore in the quarter ended March 2016 as against Rs 1407.79 crore during the previous quarter ended March 2015.

For the full year,net profit rose 81.85% to Rs 653.05 crore in the year ended March 2016 as against Rs 359.11 crore during the previous year ended March 2015. Sales declined 2.70% to Rs 5587.14 crore in the year ended March 2016 as against Rs 5742.03 crore during the previous year ended March 2015.

ParticularsQuarter EndedYear EndedMar. 2016Mar. 2015% Var.Mar. 2016Mar. 2015% Var.Sales1389.931407.79 -1 5587.145742.03 -3 OPM %22.1621.26 -20.7618.93 - PBDT373.53270.65 38 1226.56978.11 25 PBT276.28138.35 100 864.64489.27 77 NP217.4990.20 141 653.05359.11 82

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