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Arvind standalone net profit declines 41.90% in the March 2017 quarter

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Capital Market

Sales rise 9.94% to Rs 1541.76 crore

Net profit of Arvind declined 41.90% to Rs 44.51 crore in the quarter ended March 2017 as against Rs 76.61 crore during the previous quarter ended March 2016. Sales rose 9.94% to Rs 1541.76 crore in the quarter ended March 2017 as against Rs 1402.36 crore during the previous quarter ended March 2016.

For the full year,net profit declined 15.52% to Rs 270.88 crore in the year ended March 2017 as against Rs 320.64 crore during the previous year ended March 2016. Sales rose 11.01% to Rs 5955.68 crore in the year ended March 2017 as against Rs 5364.82 crore during the previous year ended March 2016.

 
ParticularsQuarter EndedYear EndedMar. 2017Mar. 2016% Var.Mar. 2017Mar. 2016% Var.Sales1541.761402.36 10 5955.685364.82 11 OPM %8.9413.49 -12.1314.73 - PBDT111.97144.74 -23 585.49599.25 -2 PBT62.76105.11 -40 400.70450.09 -11 NP44.5176.61 -42 270.88320.64 -16

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First Published: May 11 2017 | 5:15 PM IST

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