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Finolex Industries standalone net profit rises 50.32% in the March 2017 quarter

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Capital Market

Sales rise 9.75% to Rs 1016.35 crore

Net profit of Finolex Industries rose 50.32% to Rs 123.26 crore in the quarter ended March 2017 as against Rs 82.00 crore during the previous quarter ended March 2016. Sales rose 9.75% to Rs 1016.35 crore in the quarter ended March 2017 as against Rs 926.02 crore during the previous quarter ended March 2016.

For the full year,net profit rose 38.43% to Rs 352.18 crore in the year ended March 2017 as against Rs 254.41 crore during the previous year ended March 2016. Sales rose 5.08% to Rs 2987.64 crore in the year ended March 2017 as against Rs 2843.12 crore during the previous year ended March 2016.

 
ParticularsQuarter EndedYear EndedMar. 2017Mar. 2016% Var.Mar. 2017Mar. 2016% Var.Sales1016.35926.02 10 2987.642843.12 5 OPM %17.5712.48 -18.8414.23 - PBDT186.77130.84 43 572.02399.37 43 PBT172.89118.14 46 516.97348.80 48 NP123.2682.00 50 352.18254.41 38

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First Published: May 27 2017 | 11:33 AM IST

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