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Dalmia Bharat reports 94% rise in Q4 consolidated net profit

Dalmia Bharat has reported results for fourth quarter and year ended March 31, 2017.

The company has reported a fall of 42.96% in its net profit at Rs 12.96 crore for the quarter ended March 31, 2017 as compared to Rs 22.72 crore for the same quarter in the previous year. Total income of the company decreased by 27.30% at Rs 59.16 crore for quarter under review as compared to Rs 81.38 crore for the quarter ended March 31, 2016.

For the year ended March 31, 2017, the company has posted a rise of 1.42% in its net profit at Rs 63.37 crore as compared to Rs 62.48 crore in FY16. Total income of company increased by 11.79% at Rs 287.44 crore for year under review as compared to Rs 257.13 crore for the year ended March 31, 2016.

On consolidated basis, the company has reported a rise of 94.17% in its net profit (after tax and non-controlling interest) at Rs 184.05 crore for the quarter ended March 31, 2017 as compared to Rs 94.79 crore for the corresponding quarter in the FY16. Total income of the company increased by 15.30% at Rs 2504.68 crore for quarter under review as compared to Rs 2172.37 crore for the same quarter ended previous year.

For the year ended March 31, 2017, on the consolidated basis, the company has posted a rise of 81.46% in its net profit (after tax and non-controlling interest) at Rs 344.80 crore as compared to Rs 190.01 crore in the previous year. Total income of company increased by 15.42% at Rs 8646.88 crore for year under review as compared to Rs 7491.64 crore for the year ended March 31, 2016.

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