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Innovative Tech Pack standalone net profit rises 3407.69% in the March 2017 quarter

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Capital Market

Sales decline 0.71% to Rs 37.64 crore

Net profit of Innovative Tech Pack rose 3407.69% to Rs 4.56 crore in the quarter ended March 2017 as against Rs 0.13 crore during the previous quarter ended March 2016. Sales declined 0.71% to Rs 37.64 crore in the quarter ended March 2017 as against Rs 37.91 crore during the previous quarter ended March 2016.

For the full year,net profit rose 166.86% to Rs 9.10 crore in the year ended March 2017 as against Rs 3.41 crore during the previous year ended March 2016. Sales rose 14.21% to Rs 102.93 crore in the year ended March 2017 as against Rs 90.12 crore during the previous year ended March 2016.

 
ParticularsQuarter EndedYear EndedMar. 2017Mar. 2016% Var.Mar. 2017Mar. 2016% Var.Sales37.6437.91 -1 102.9390.12 14 OPM %26.6715.77 -23.3317.48 - PBDT8.805.07 74 19.1912.65 52 PBT6.903.36 105 11.446.77 69 NP4.560.13 3408 9.103.41 167

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First Published: Jun 01 2017 | 4:55 PM IST

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