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Meghmani Organics standalone net profit declines 25.76% in the March 2017 quarter

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Capital Market

Sales rise 6.24% to Rs 260.05 crore

Net profit of Meghmani Organics declined 25.76% to Rs 12.97 crore in the quarter ended March 2017 as against Rs 17.47 crore during the previous quarter ended March 2016. Sales rose 6.24% to Rs 260.05 crore in the quarter ended March 2017 as against Rs 244.78 crore during the previous quarter ended March 2016.

For the full year,net profit rose 14.42% to Rs 41.51 crore in the year ended March 2017 as against Rs 36.28 crore during the previous year ended March 2016. Sales rose 9.08% to Rs 1046.19 crore in the year ended March 2017 as against Rs 959.11 crore during the previous year ended March 2016.

 
ParticularsQuarter EndedYear EndedMar. 2017Mar. 2016% Var.Mar. 2017Mar. 2016% Var.Sales260.05244.78 6 1046.19959.11 9 OPM %13.6812.27 -12.7311.60 - PBDT26.3525.22 4 107.7593.98 15 PBT16.7816.21 4 69.2857.79 20 NP12.9717.47 -26 41.5136.28 14

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First Published: May 22 2017 | 4:01 PM IST

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