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IOL Chemicals & Pharmaceuticals standalone net profit rises 33.93% in the March 2017 quarter

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Capital Market

Sales rise 35.95% to Rs 193.29 crore

Net profit of IOL Chemicals & Pharmaceuticals rose 33.93% to Rs 1.50 crore in the quarter ended March 2017 as against Rs 1.12 crore during the previous quarter ended March 2016. Sales rose 35.95% to Rs 193.29 crore in the quarter ended March 2017 as against Rs 142.18 crore during the previous quarter ended March 2016.

For the full year,net profit reported to Rs 4.23 crore in the year ended March 2017 as against net loss of Rs 40.03 crore during the previous year ended March 2016. Sales rose 22.44% to Rs 710.65 crore in the year ended March 2017 as against Rs 580.42 crore during the previous year ended March 2016.

 
ParticularsQuarter EndedYear EndedMar. 2017Mar. 2016% Var.Mar. 2017Mar. 2016% Var.Sales193.29142.18 36 710.65580.42 22 OPM %13.2717.46 -14.318.85 - PBDT9.168.98 2 35.43-8.86 LP PBT1.811.59 14 5.48-38.55 LP NP1.501.12 34 4.23-40.03 LP

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First Published: May 27 2017 | 5:35 PM IST

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