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Bajaj Hindusthan Sugar standalone net profit rises 100.46% in the March 2017 quarter

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Capital Market

Sales decline 4.56% to Rs 1567.01 crore

Net profit of Bajaj Hindusthan Sugar rose 100.46% to Rs 259.13 crore in the quarter ended March 2017 as against Rs 129.27 crore during the previous quarter ended March 2016. Sales declined 4.56% to Rs 1567.01 crore in the quarter ended March 2017 as against Rs 1641.82 crore during the previous quarter ended March 2016.

For the full year,net profit reported to Rs 7.40 crore in the year ended March 2017 as against net loss of Rs 119.79 crore during the previous year ended March 2016. Sales declined 6.38% to Rs 4384.59 crore in the year ended March 2017 as against Rs 4683.23 crore during the previous year ended March 2016.

 
ParticularsQuarter EndedYear EndedMar. 2017Mar. 2016% Var.Mar. 2017Mar. 2016% Var.Sales1567.011641.82 -5 4384.594683.23 -6 OPM %30.3020.95 -19.5116.94 - PBDT308.85179.85 72 215.70100.77 114 PBT256.49125.85 104 1.58-123.21 LP NP259.13129.27 100 7.40-119.79 LP

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First Published: May 25 2017 | 3:08 PM IST

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