West Coast Paper Mills standalone net profit rises 513.30% in the March 2017 quarter

Sales rise 4.02% to Rs 473.30 crore

Net profit of West Coast Paper Mills rose 513.30% to Rs 50.72 crore in the quarter ended March 2017 as against Rs 8.27 crore during the previous quarter ended March 2016. Sales rose 4.02% to Rs 473.30 crore in the quarter ended March 2017 as against Rs 455.03 crore during the previous quarter ended March 2016.

For the full year,net profit reported to Rs 128.50 crore in the year ended March 2017 as against net loss of Rs 0.47 crore during the previous year ended March 2016. Sales rose 4.01% to Rs 1762.91 crore in the year ended March 2017 as against Rs 1694.99 crore during the previous year ended March 2016.

ParticularsQuarter EndedYear EndedMar. 2017Mar. 2016% Var.Mar. 2017Mar. 2016% Var.Sales473.30455.03 4 1762.911694.99 4 OPM %20.4314.57 -19.1614.72 - PBDT92.2051.07 81 288.65181.39 59 PBT63.3722.63 180 177.8867.03 165 NP50.728.27 513 128.50-0.47 LP

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