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JK Paper standalone net profit rises 50.97% in the March 2016 quarter

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Capital Market

Sales rise 14.38% to Rs 657.73 crore

Net profit of JK Paper rose 50.97% to Rs 27.28 crore in the quarter ended March 2016 as against Rs 18.07 crore during the previous quarter ended March 2015. Sales rose 14.38% to Rs 657.73 crore in the quarter ended March 2016 as against Rs 575.06 crore during the previous quarter ended March 2015.

For the full year,net profit reported to Rs 79.56 crore in the year ended March 2016 as against net loss of Rs 12.74 crore during the previous year ended March 2015. Sales rose 13.24% to Rs 2421.68 crore in the year ended March 2016 as against Rs 2138.55 crore during the previous year ended March 2015.

 
ParticularsQuarter EndedYear EndedMar. 2016Mar. 2015% Var.Mar. 2016Mar. 2015% Var.Sales657.73575.06 14 2421.682138.55 13 OPM %16.6815.87 -16.7711.89 - PBDT67.0537.52 79 222.4362.56 256 PBT40.048.60 366 115.12-51.03 LP NP27.2818.07 51 79.56-12.74 LP

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First Published: May 07 2016 | 8:52 AM IST

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