IVP standalone net profit rises 28.75% in the March 2017 quarter

Capital Market May 23, 2017 Last Updated at 16:15 IST

Sales rise 12.04% to Rs 41.89 crore

Net profit of IVP rose 28.75% to Rs 2.06 crore in the quarter ended March 2017 as against Rs 1.60 crore during the previous quarter ended March 2016. Sales rose 12.04% to Rs 41.89 crore in the quarter ended March 2017 as against Rs 37.39 crore during the previous quarter ended March 2016.

For the full year,net profit rose 7.49% to Rs 11.19 crore in the year ended March 2017 as against Rs 10.41 crore during the previous year ended March 2016. Sales rose 4.97% to Rs 162.36 crore in the year ended March 2017 as against Rs 154.68 crore during the previous year ended March 2016.

ParticularsQuarter EndedYear EndedMar. 2017Mar. 2016% Var.Mar. 2017Mar. 2016% Var.Sales41.8937.39 12 162.36154.68 5 OPM %8.640.78 -10.889.43 - PBDT3.644.14 -12 18.5619.26 -4 PBT3.163.89 -19 17.2018.02 -5 NP2.061.60 29 11.1910.41 7

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