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Thiru Arooran Sugars standalone net profit declines 51.64% in the March 2017 quarter

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Capital Market

Sales rise 28.29% to Rs 66.35 crore

Net profit of Thiru Arooran Sugars declined 51.64% to Rs 13.24 crore in the quarter ended March 2017 as against Rs 27.38 crore during the previous quarter ended March 2016. Sales rose 28.29% to Rs 66.35 crore in the quarter ended March 2017 as against Rs 51.72 crore during the previous quarter ended March 2016.

For the full year,net loss reported to Rs 4.78 crore in the year ended March 2017 as against net loss of Rs 20.13 crore during the previous year ended March 2016. Sales rose 13.46% to Rs 230.62 crore in the year ended March 2017 as against Rs 203.26 crore during the previous year ended March 2016.

 
ParticularsQuarter EndedYear EndedMar. 2017Mar. 2016% Var.Mar. 2017Mar. 2016% Var.Sales66.3551.72 28 230.62203.26 13 OPM %33.6928.92 -8.91-12.24 - PBDT21.5012.77 68 0.27-62.50 LP PBT19.5910.87 80 -7.33-70.27 90 NP13.2427.38 -52 -4.78-20.13 76

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First Published: May 27 2017 | 5:31 PM IST

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