Weizmann Forex standalone net profit rises 110.28% in the March 2017 quarter

Sales rise 26.10% to Rs 1406.26 crore

Net profit of Weizmann Forex rose 110.28% to Rs 10.64 crore in the quarter ended March 2017 as against Rs 5.06 crore during the previous quarter ended March 2016. Sales rose 26.10% to Rs 1406.26 crore in the quarter ended March 2017 as against Rs 1115.23 crore during the previous quarter ended March 2016.

For the full year,net profit rose 5.21% to Rs 23.01 crore in the year ended March 2017 as against Rs 21.87 crore during the previous year ended March 2016. Sales rose 25.27% to Rs 5981.40 crore in the year ended March 2017 as against Rs 4774.87 crore during the previous year ended March 2016.

ParticularsQuarter EndedYear EndedMar. 2017Mar. 2016% Var.Mar. 2017Mar. 2016% Var.Sales1406.261115.23 26 5981.404774.87 25 OPM %1.350.68 -0.800.90 - PBDT18.348.77 109 42.6939.79 7 PBT17.307.49 131 38.1235.09 9 NP10.645.06 110 23.0121.87 5

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