Net sales from Building Product segment, which constitute about 84% of total sales, were lower by 7% on YoY basis to Rs 213.84 crore. Net sales from Synthetic blended yarn segment which constitute about 16% of total sales, de-grew by 11% to Rs 39.63 crore. PBIT for Building Product segment grew by 65% to Rs 30.63 crore on YoY basis. PBIT margin for the segment stood at 14.3% as compared to 8.1% for Mar'16 quarter. PBIT for Synthetic blended yarn segment stood at Rs 0.90 crore as compared to PBIT of Rs 6 crore for the Mar'16 quarter. PBIT margin for Synthetic blended yarn segment for Mar'17 quarter stood at 2.3% as compared to 13.5% for Mar'16 quarter.

Performance for the 12 months ended Mar'17

Net sales for the 12 months ended Mar'17 of the company stood at Rs 966.73 crore, down by 4% on YoY basis. OPM increased by 240 bps to 11.9%, thus resulted in an OP of Rs 114.76 crore up by 21% YoY. Other income for 12 months ended Mar'17 stood at Rs 3.77 crore up by 38% YoY. Thus, PBIDT was up by 21% to Rs 118.53crore. With interest costs being down by 15% to Rs 18.05 crore and depreciation lower up by 6% to Rs 34.08 crore, PBT was up by 64% to Rs 66.40 crore. With total tax of Rs 25.60 crore, up by 61% YoY, PAT for the 12 months ended Mar'17 stood at Rs 40.80 crore, as compared to 24.43 crore for 12 months ended Mar'16 period.

Net sales from Building Product segment, which constitute about 82% of total sales, was lower by 4% on YoY basis to Rs 782.80 crore. Net sales from Synthetic blended yarn segment which constitute about 18% of total sales, grew by 2% to Rs 174.65 crore. PBIT for Building Product segment grew by 86% to Rs 98.87 crore on YoY basis. PBIT margin for the segment stood at 12.6% as compared to 6.5% for the 12 months ended Mar'16. PBIT for Synthetic blended yarn segment stood at Rs 16.80 crore down by 36% YoY. PBIT margin for Synthetic blended yarn segment for the 12 months ended Mar'17 stood at 9.6% as compared to 15.3% for 12 months ended Mar'16.