VIP Clothing reports standalone net profit of Rs 1.11 crore in the March 2017 quarter

Sales rise 54.05% to Rs 58.23 crore

Net profit of VIP Clothing reported to Rs 1.11 crore in the quarter ended March 2017 as against net loss of Rs 7.53 crore during the previous quarter ended March 2016. Sales rose 54.05% to Rs 58.23 crore in the quarter ended March 2017 as against Rs 37.80 crore during the previous quarter ended March 2016.

For the full year,net loss reported to Rs 5.80 crore in the year ended March 2017 as against net loss of Rs 9.93 crore during the previous year ended March 2016. Sales rose 19.44% to Rs 230.30 crore in the year ended March 2017 as against Rs 192.82 crore during the previous year ended March 2016.

ParticularsQuarter EndedYear EndedMar. 2017Mar. 2016% Var.Mar. 2017Mar. 2016% Var.Sales58.2337.80 54 230.30192.82 19 OPM %6.22-9.84 -6.88-0.23 - PBDT1.57-6.35 LP 4.57-12.48 LP PBT0.69-7.53 LP 0.99-17.38 LP NP1.11-7.53 LP -5.80-9.93 42

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