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GRM Overseas standalone net profit rises 95.90% in the March 2017 quarter

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Capital Market

Sales rise 96.38% to Rs 217.53 crore

Net profit of GRM Overseas rose 95.90% to Rs 3.82 crore in the quarter ended March 2017 as against Rs 1.95 crore during the previous quarter ended March 2016. Sales rose 96.38% to Rs 217.53 crore in the quarter ended March 2017 as against Rs 110.77 crore during the previous quarter ended March 2016.

For the full year,net profit rose 172.68% to Rs 5.59 crore in the year ended March 2017 as against Rs 2.05 crore during the previous year ended March 2016. Sales rose 66.18% to Rs 591.15 crore in the year ended March 2017 as against Rs 355.72 crore during the previous year ended March 2016.

 
ParticularsQuarter EndedYear EndedMar. 2017Mar. 2016% Var.Mar. 2017Mar. 2016% Var.Sales217.53110.77 96 591.15355.72 66 OPM %6.288.00 -3.433.98 - PBDT6.173.41 81 10.405.05 106 PBT5.832.95 98 8.473.10 173 NP3.821.95 96 5.592.05 173

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First Published: Jun 02 2017 | 5:52 PM IST

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