Virinchi standalone net profit declines 94.05% in the March 2017 quarter

Sales rise 53.93% to Rs 38.76 crore

Net profit of Virinchi declined 94.05% to Rs 0.05 crore in the quarter ended March 2017 as against Rs 0.84 crore during the previous quarter ended March 2016. Sales rose 53.93% to Rs 38.76 crore in the quarter ended March 2017 as against Rs 25.18 crore during the previous quarter ended March 2016.

For the full year,net profit rose 173.21% to Rs 11.42 crore in the year ended March 2017 as against Rs 4.18 crore during the previous year ended March 2016. Sales rose 39.04% to Rs 137.15 crore in the year ended March 2017 as against Rs 98.64 crore during the previous year ended March 2016.

ParticularsQuarter EndedYear EndedMar. 2017Mar. 2016% Var.Mar. 2017Mar. 2016% Var.Sales38.7625.18 54 137.1598.64 39 OPM %25.6417.55 -26.5517.39 - PBDT7.743.98 94 31.8016.28 95 PBT2.681.29 108 15.626.06 158 NP0.050.84 -94 11.424.18 173

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