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Malu Paper Mills standalone net profit declines 44.80% in the March 2017 quarter

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Capital Market

Sales rise 4.65% to Rs 64.11 crore

Net profit of Malu Paper Mills declined 44.80% to Rs 0.69 crore in the quarter ended March 2017 as against Rs 1.25 crore during the previous quarter ended March 2016. Sales rose 4.65% to Rs 64.11 crore in the quarter ended March 2017 as against Rs 61.26 crore during the previous quarter ended March 2016.

For the full year,net profit rose 50.26% to Rs 2.93 crore in the year ended March 2017 as against Rs 1.95 crore during the previous year ended March 2016. Sales rose 10.67% to Rs 252.07 crore in the year ended March 2017 as against Rs 227.76 crore during the previous year ended March 2016.

 
ParticularsQuarter EndedYear EndedMar. 2017Mar. 2016% Var.Mar. 2017Mar. 2016% Var.Sales64.1161.26 5 252.07227.76 11 OPM %4.8013.40 -8.399.18 - PBDT2.293.06 -25 9.067.54 20 PBT1.011.82 -45 4.262.83 51 NP0.691.25 -45 2.931.95 50

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First Published: May 23 2017 | 4:06 PM IST

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