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Mawana Sugars standalone net profit rises 42.68% in the March 2017 quarter

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Capital Market

Sales decline 8.48% to Rs 422.24 crore

Net profit of Mawana Sugars rose 42.68% to Rs 92.63 crore in the quarter ended March 2017 as against Rs 64.92 crore during the previous quarter ended March 2016. Sales declined 8.48% to Rs 422.24 crore in the quarter ended March 2017 as against Rs 461.38 crore during the previous quarter ended March 2016.

For the full year,net profit rose 20559.73% to Rs 456.58 crore in the year ended March 2017 as against Rs 2.21 crore during the previous year ended March 2016. Sales declined 20.48% to Rs 1179.33 crore in the year ended March 2017 as against Rs 1483.02 crore during the previous year ended March 2016.

 
ParticularsQuarter EndedYear EndedMar. 2017Mar. 2016% Var.Mar. 2017Mar. 2016% Var.Sales422.24461.38 -8 1179.331483.02 -20 OPM %23.3419.39 -13.407.24 - PBDT98.4276.24 29 148.3440.14 270 PBT87.4064.92 35 119.152.21 5291 NP92.6364.92 43 456.582.21 20560

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First Published: Jun 10 2017 | 2:14 PM IST

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