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Advanced Enzyme Technologies standalone net profit rises 85.61% in the March 2017 quarter

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Capital Market

Sales rise 47.82% to Rs 53.63 crore

Net profit of Advanced Enzyme Technologies rose 85.61% to Rs 12.51 crore in the quarter ended March 2017 as against Rs 6.74 crore during the previous quarter ended March 2016. Sales rose 47.82% to Rs 53.63 crore in the quarter ended March 2017 as against Rs 36.28 crore during the previous quarter ended March 2016.

For the full year,net profit rose 60.51% to Rs 33.53 crore in the year ended March 2017 as against Rs 20.89 crore during the previous year ended March 2016. Sales rose 24.91% to Rs 173.80 crore in the year ended March 2017 as against Rs 139.14 crore during the previous year ended March 2016.

 
ParticularsQuarter EndedYear EndedMar. 2017Mar. 2016% Var.Mar. 2017Mar. 2016% Var.Sales53.6336.28 48 173.80139.14 25 OPM %26.8328.67 -27.1026.10 - PBDT16.269.64 69 50.4732.88 53 PBT14.497.78 86 42.1025.49 65 NP12.516.74 86 33.5320.89 61

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First Published: May 29 2017 | 12:53 PM IST

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