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Navkar Corporation consolidated net profit declines 8.71% in the March 2017 quarter

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Capital Market

Sales rise 8.43% to Rs 99.07 crore

Net profit of Navkar Corporation declined 8.71% to Rs 20.23 crore in the quarter ended March 2017 as against Rs 22.16 crore during the previous quarter ended March 2016. Sales rose 8.43% to Rs 99.07 crore in the quarter ended March 2017 as against Rs 91.37 crore during the previous quarter ended March 2016.

For the full year,net profit rose 0.08% to Rs 85.60 crore in the year ended March 2017 as against Rs 85.53 crore during the previous year ended March 2016. Sales rose 6.81% to Rs 370.91 crore in the year ended March 2017 as against Rs 347.26 crore during the previous year ended March 2016.

 
ParticularsQuarter EndedYear EndedMar. 2017Mar. 2016% Var.Mar. 2017Mar. 2016% Var.Sales99.0791.37 8 370.91347.26 7 OPM %35.2741.36 -37.0538.50 - PBDT30.3935.93 -15 119.29122.48 -3 PBT25.7631.12 -17 99.21103.15 -4 NP20.2322.16 -9 85.6085.53 0

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First Published: May 30 2017 | 3:23 PM IST

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