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Deepak Nitrite standalone net profit rises 0.97% in the March 2017 quarter

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Capital Market

Sales decline 4.50% to Rs 320.73 crore

Net profit of Deepak Nitrite rose 0.97% to Rs 20.76 crore in the quarter ended March 2017 as against Rs 20.56 crore during the previous quarter ended March 2016. Sales declined 4.50% to Rs 320.73 crore in the quarter ended March 2017 as against Rs 335.83 crore during the previous quarter ended March 2016.

For the full year,net profit rose 71.97% to Rs 112.04 crore in the year ended March 2017 as against Rs 65.15 crore during the previous year ended March 2016. Sales declined 8.70% to Rs 1205.51 crore in the year ended March 2017 as against Rs 1320.35 crore during the previous year ended March 2016.

 
ParticularsQuarter EndedYear EndedMar. 2017Mar. 2016% Var.Mar. 2017Mar. 2016% Var.Sales320.73335.83 -4 1205.511320.35 -9 OPM %12.2713.89 -12.0412.62 - PBDT31.3539.64 -21 118.18130.78 -10 PBT20.6829.37 -30 75.9091.33 -17 NP20.7620.56 1 112.0465.15 72

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First Published: Apr 29 2017 | 1:00 PM IST

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