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Banco Products (India) consolidated net profit declines 67.41% in the March 2017 quarter

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Capital Market

Sales rise 3.42% to Rs 297.13 crore

Net profit of Banco Products (India) declined 67.41% to Rs 7.03 crore in the quarter ended March 2017 as against Rs 21.57 crore during the previous quarter ended March 2016. Sales rose 3.42% to Rs 297.13 crore in the quarter ended March 2017 as against Rs 287.30 crore during the previous quarter ended March 2016.

For the full year,net profit rose 5.44% to Rs 94.78 crore in the year ended March 2017 as against Rs 89.89 crore during the previous year ended March 2016. Sales rose 7.50% to Rs 1277.01 crore in the year ended March 2017 as against Rs 1187.87 crore during the previous year ended March 2016.

 
ParticularsQuarter EndedYear EndedMar. 2017Mar. 2016% Var.Mar. 2017Mar. 2016% Var.Sales297.13287.30 3 1277.011187.87 8 OPM %7.2511.49 -11.2212.32 - PBDT22.8433.28 -31 172.93154.13 12 PBT14.7325.35 -42 139.60119.46 17 NP7.0321.57 -67 94.7889.89 5

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First Published: May 23 2017 | 4:06 PM IST

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