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Inani Marbles & Industries standalone net profit declines 91.06% in the March 2017 quarter

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Capital Market

Sales decline 30.16% to Rs 11.97 crore

Net profit of Inani Marbles & Industries declined 91.06% to Rs 0.11 crore in the quarter ended March 2017 as against Rs 1.23 crore during the previous quarter ended March 2016. Sales declined 30.16% to Rs 11.97 crore in the quarter ended March 2017 as against Rs 17.14 crore during the previous quarter ended March 2016.

For the full year,net profit declined 34.90% to Rs 1.66 crore in the year ended March 2017 as against Rs 2.55 crore during the previous year ended March 2016. Sales declined 12.48% to Rs 44.69 crore in the year ended March 2017 as against Rs 51.06 crore during the previous year ended March 2016.

 
ParticularsQuarter EndedYear EndedMar. 2017Mar. 2016% Var.Mar. 2017Mar. 2016% Var.Sales11.9717.14 -30 44.6951.06 -12 OPM %4.0910.33 -9.4711.73 - PBDT0.181.41 -87 2.483.80 -35 PBT0.181.41 -87 2.483.80 -35 NP0.111.23 -91 1.662.55 -35

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First Published: Jun 08 2017 | 4:41 PM IST

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