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DE Nora India standalone net profit declines 54.95% in the March 2017 quarter

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Capital Market

Sales decline 44.10% to Rs 7.77 crore

Net profit of DE Nora India declined 54.95% to Rs 1.23 crore in the quarter ended March 2017 as against Rs 2.73 crore during the previous quarter ended March 2016. Sales declined 44.10% to Rs 7.77 crore in the quarter ended March 2017 as against Rs 13.90 crore during the previous quarter ended March 2016.

For the full year,net profit declined 75.96% to Rs 2.88 crore in the year ended March 2017 as against Rs 11.98 crore during the previous year ended March 2016. Sales declined 46.70% to Rs 27.06 crore in the year ended March 2017 as against Rs 50.77 crore during the previous year ended March 2016.

 
ParticularsQuarter EndedYear EndedMar. 2017Mar. 2016% Var.Mar. 2017Mar. 2016% Var.Sales7.7713.90 -44 27.0650.77 -47 OPM %20.5933.38 -6.6530.29 - PBDT1.794.65 -62 5.1519.15 -73 PBT1.644.39 -63 4.3017.99 -76 NP1.232.73 -55 2.8811.98 -76

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First Published: May 09 2017 | 5:08 PM IST

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