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Aro Granite Industries standalone net profit declines 24.00% in the March 2017 quarter

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Capital Market

Sales rise 12.59% to Rs 56.32 crore

Net profit of Aro Granite Industries declined 24.00% to Rs 1.52 crore in the quarter ended March 2017 as against Rs 2.00 crore during the previous quarter ended March 2016. Sales rose 12.59% to Rs 56.32 crore in the quarter ended March 2017 as against Rs 50.02 crore during the previous quarter ended March 2016.

For the full year,net profit rose 115.36% to Rs 12.62 crore in the year ended March 2017 as against Rs 5.86 crore during the previous year ended March 2016. Sales rose 10.70% to Rs 238.65 crore in the year ended March 2017 as against Rs 215.59 crore during the previous year ended March 2016.

 
ParticularsQuarter EndedYear EndedMar. 2017Mar. 2016% Var.Mar. 2017Mar. 2016% Var.Sales56.3250.02 13 238.65215.59 11 OPM %9.5511.92 -12.309.25 - PBDT4.734.69 1 25.4815.90 60 PBT2.192.32 -6 16.386.78 142 NP1.522.00 -24 12.625.86 115

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First Published: Apr 22 2017 | 5:08 PM IST

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