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Navneet Education standalone net profit rises 80.32% in the March 2017 quarter

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Capital Market

Sales rise 11.89% to Rs 209.82 crore

Net profit of Navneet Education rose 80.32% to Rs 16.86 crore in the quarter ended March 2017 as against Rs 9.35 crore during the previous quarter ended March 2016. Sales rose 11.89% to Rs 209.82 crore in the quarter ended March 2017 as against Rs 187.52 crore during the previous quarter ended March 2016.

For the full year,net profit rose 28.14% to Rs 161.64 crore in the year ended March 2017 as against Rs 126.14 crore during the previous year ended March 2016. Sales rose 17.60% to Rs 1098.31 crore in the year ended March 2017 as against Rs 933.90 crore during the previous year ended March 2016.

 
ParticularsQuarter EndedYear EndedMar. 2017Mar. 2016% Var.Mar. 2017Mar. 2016% Var.Sales209.82187.52 12 1098.31933.90 18 OPM %13.3213.28 -23.5122.17 - PBDT30.7727.05 14 270.97222.61 22 PBT24.3819.82 23 245.98195.85 26 NP16.869.35 80 161.64126.14 28

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First Published: May 27 2017 | 11:33 AM IST

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