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Nandan Denim standalone net profit declines 5.79% in the March 2017 quarter

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Capital Market

Sales rise 29.82% to Rs 382.06 crore

Net profit of Nandan Denim declined 5.79% to Rs 15.61 crore in the quarter ended March 2017 as against Rs 16.57 crore during the previous quarter ended March 2016. Sales rose 29.82% to Rs 382.06 crore in the quarter ended March 2017 as against Rs 294.31 crore during the previous quarter ended March 2016.

For the full year,net profit declined 10.50% to Rs 56.67 crore in the year ended March 2017 as against Rs 63.32 crore during the previous year ended March 2016. Sales rose 5.51% to Rs 1220.41 crore in the year ended March 2017 as against Rs 1156.73 crore during the previous year ended March 2016.

 
ParticularsQuarter EndedYear EndedMar. 2017Mar. 2016% Var.Mar. 2017Mar. 2016% Var.Sales382.06294.31 30 1220.411156.73 6 OPM %15.8116.01 -15.5616.53 - PBDT48.6537.39 30 156.17154.13 1 PBT13.2721.39 -38 70.0188.13 -21 NP15.6116.57 -6 56.6763.32 -11

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First Published: May 31 2017 | 5:32 PM IST

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