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National Plywood Industries standalone net profit rises 76.06% in the March 2017 quarter

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Capital Market

Sales decline 41.34% to Rs 11.85 crore

Net profit of National Plywood Industries rose 76.06% to Rs 3.75 crore in the quarter ended March 2017 as against Rs 2.13 crore during the previous quarter ended March 2016. Sales declined 41.34% to Rs 11.85 crore in the quarter ended March 2017 as against Rs 20.20 crore during the previous quarter ended March 2016.

For the full year,net profit declined 88.27% to Rs 0.23 crore in the year ended March 2017 as against Rs 1.96 crore during the previous year ended March 2016. Sales declined 17.04% to Rs 43.78 crore in the year ended March 2017 as against Rs 52.77 crore during the previous year ended March 2016.

 
ParticularsQuarter EndedYear EndedMar. 2017Mar. 2016% Var.Mar. 2017Mar. 2016% Var.Sales11.8520.20 -41 43.7852.77 -17 OPM %-5.572.43 --9.271.31 - PBDT3.922.24 75 0.772.39 -68 PBT3.752.13 76 0.231.96 -88 NP3.752.13 76 0.231.96 -88

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First Published: Jun 19 2017 | 1:31 PM IST

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