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GRP standalone net profit declines 82.43% in the March 2017 quarter

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Capital Market

Sales decline 7.36% to Rs 72.50 crore

Net profit of GRP declined 82.43% to Rs 0.52 crore in the quarter ended March 2017 as against Rs 2.96 crore during the previous quarter ended March 2016. Sales declined 7.36% to Rs 72.50 crore in the quarter ended March 2017 as against Rs 78.26 crore during the previous quarter ended March 2016.

For the full year,net profit rose 4.36% to Rs 8.37 crore in the year ended March 2017 as against Rs 8.02 crore during the previous year ended March 2016. Sales declined 3.54% to Rs 300.29 crore in the year ended March 2017 as against Rs 311.32 crore during the previous year ended March 2016.

 
ParticularsQuarter EndedYear EndedMar. 2017Mar. 2016% Var.Mar. 2017Mar. 2016% Var.Sales72.5078.26 -7 300.29311.32 -4 OPM %2.4610.70 -8.899.17 - PBDT2.687.29 -63 26.0724.58 6 PBT-0.763.80 PL 12.1310.57 15 NP0.522.96 -82 8.378.02 4

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First Published: Jun 01 2017 | 5:15 PM IST

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