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Ponni Sugars (Erode) standalone net profit rises 385.51% in the March 2016 quarter

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Capital Market

Sales rise 139.25% to Rs 52.42 crore

Net profit of Ponni Sugars (Erode) rose 385.51% to Rs 13.40 crore in the quarter ended March 2016 as against Rs 2.76 crore during the previous quarter ended March 2015. Sales rose 139.25% to Rs 52.42 crore in the quarter ended March 2016 as against Rs 21.91 crore during the previous quarter ended March 2015.

For the full year,net profit reported to Rs 1.90 crore in the year ended March 2016 as against net loss of Rs 3.65 crore during the previous year ended March 2015. Sales rose 6.17% to Rs 168.53 crore in the year ended March 2016 as against Rs 158.73 crore during the previous year ended March 2015.

 
ParticularsQuarter EndedYear EndedMar. 2016Mar. 2015% Var.Mar. 2016Mar. 2015% Var.Sales52.4221.91 139 168.53158.73 6 OPM %20.24-16.48 -1.02-3.46 - PBDT10.10-4.36 LP -2.64-8.70 70 PBT8.69-5.77 LP -8.28-14.36 42 NP13.402.76 386 1.90-3.65 LP

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First Published: May 27 2016 | 5:29 PM IST

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