AGC Networks reports consolidated net profit of Rs 5.37 crore in the March 2017 quarter

Capital Market May 25, 2017 Last Updated at 14:08 IST

Sales decline 15.86% to Rs 183.71 crore

Net profit of AGC Networks reported to Rs 5.37 crore in the quarter ended March 2017 as against net loss of Rs 13.02 crore during the previous quarter ended March 2016. Sales declined 15.86% to Rs 183.71 crore in the quarter ended March 2017 as against Rs 218.33 crore during the previous quarter ended March 2016.

For the full year,net profit reported to Rs 12.09 crore in the year ended March 2017 as against net loss of Rs 34.59 crore during the previous year ended March 2016. Sales declined 13.05% to Rs 764.23 crore in the year ended March 2017 as against Rs 878.94 crore during the previous year ended March 2016.

ParticularsQuarter EndedYear EndedMar. 2017Mar. 2016% Var.Mar. 2017Mar. 2016% Var.Sales183.71218.33 -16 764.23878.94 -13 OPM %6.77-1.25 -4.390.65 - PBDT8.72-9.81 LP 11.47-15.49 LP PBT7.20-11.90 LP 4.91-23.99 LP NP5.37-13.02 LP 12.09-34.59 LP

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