For the quarter, sales from the building product segment stood at Rs 196.97 crore up by 27% YoY and accounted for 81% of sales. PBIT from the same was up by 84% to Rs 29.78 crore and accounted for 92% of total. PBIT margin stood at 15.1% vis a vis 10.4% for Dec 16 quarter.

For the quarter, sales from the synthetic blended yarn Segment stood at Rs 44.87 crore, up by 1% YoY and accounted for 19% of sales. PBIT from the same was down by 25% to Rs 2.73 crore and accounted for 8% of total. PBIT margin stood at 6.1% vis a vis 8.2% for Dec 16 quarter.

Performance for the 9 months ended Dec 17

Net sales for the 9 ended Dec 17 of the company stood at Rs 752.78 crore up by 7% YoY. OPM stood at 15.2%, up by 300 bps, thus overall growth in OP stood at Rs 114.46 crore, up by 33% YoY. Other income for 9 ended Dec 17 stood at Rs 3.59 crore down by 26% YoY. Thus, PBIDT was up by 30% to Rs 118.05 crore. With interest costs being down by 9% to Rs 12.84 crore and depreciation was higher by 5% to Rs 26.34 crore, PBT was up by 52% to Rs 78.87 crore. With total tax of Rs 27.51 crore, up by 41% YoY, PAT for the 9 ended Dec 17 stood at Rs 51.36 crore, up by 59% YoY.

For the 9 months, sales from the building product segment stood at Rs 627.70 crore up by 10% YoY and accounted for 83% of sales. PBIT from the same was up by 47% to Rs 102.48 crore and accounted for 96% of total. PBIT margin stood at 16.3% vis a vis 12.3% for 9 months ended Dec 16.

For the 9 months, sales from the synthetic blended yarn Segment stood at Rs 125.08 crore, down by 9% YoY and accounted for 17% of sales. PBIT from the same was down by 72% to Rs 4.51 crore and accounted for 4% of total. PBIT margin stood at 3.6% vis a vis 11.7% for 9 months ended Dec 16.