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Akashdeep Metal Industries standalone net profit rises 100.00% in the March 2017 quarter

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Capital Market

Sales rise 5.71% to Rs 10.55 crore

Net profit of Akashdeep Metal Industries rose 100.00% to Rs 0.02 crore in the quarter ended March 2017 as against Rs 0.01 crore during the previous quarter ended March 2016. Sales rose 5.71% to Rs 10.55 crore in the quarter ended March 2017 as against Rs 9.98 crore during the previous quarter ended March 2016.

For the full year,net profit rose 75.00% to Rs 0.14 crore in the year ended March 2017 as against Rs 0.08 crore during the previous year ended March 2016. Sales declined 0.73% to Rs 40.96 crore in the year ended March 2017 as against Rs 41.26 crore during the previous year ended March 2016.

 
ParticularsQuarter EndedYear EndedMar. 2017Mar. 2016% Var.Mar. 2017Mar. 2016% Var.Sales10.559.98 6 40.9641.26 -1 OPM %0.570.50 -0.560.29 - PBDT0.030.05 -40 0.200.12 67 PBT0.030.05 -40 0.200.12 67 NP0.020.01 100 0.140.08 75

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First Published: May 30 2017 | 3:22 PM IST

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