K.P.R. Mill Limited reported unaudited standalone and consolidated earnings results for the fourth quarter and year ended March 31, 2016. For the quarter, the company reported standalone net sales/income from operations (net of excise duty) of INR 5,362.5 million against INR 5,199.1 million for the same period a year ago. Profit from operations before other income, finance cost and exceptional items was INR 445.9 million against INR 581.1 million for the same period a year ago. Profit from ordinary activities before tax was INR 511.7 million against INR 468.5 million for the same period a year ago. Net profit for the period was INR 396.3 million or INR 10.33 per basic and diluted share against INR 454.0 million or INR 11.71 per basic and diluted share for the same period a year ago.

For the full year, the company standalone reported net sales/income from operations (net of excise duty) was INR 19,191.9 million against INR 20,355.5 million for the same period a year ago. Profit from operations before other income, finance cost and exceptional items was INR 2,321.7 million against INR 2,306.7 million for the same period a year ago. Profit from ordinary activities before tax was INR 2,213.6 million against INR 1,880.6 million for the same period a year ago. Net profit for the period was INR 1,555.4 million or INR 41.08 per basic and diluted share against INR 1,459.8 million or INR 38.40 per basic and diluted share for the same period a year ago.

For the quarter, the company reported consolidated net sales/income from operations (net of excise duty) of INR 6,933.9 million against INR 6,552.5 million for the same period a year ago. Profit from operations before other income, finance cost and exceptional items was INR 729.9 million against INR 696.0 million for the same period a year ago. Profit from ordinary activities before tax was INR 669.1 million against INR 546.0 million for the same period a year ago. Net profit for the period was INR 544.7 million or INR 14.26 per basic and diluted share against INR 500.9 million or INR 12.96 per basic and diluted share for the same period a year ago. EBITDA was up 2.8% year over year to INR 1,100 million.

For the full year, the company consolidated reported net sales/income from operations (net of excise duty) was INR 25,004.0 million against INR 24,884.5 million for the same period a year ago. Profit from operations before other income, finance cost and exceptional items was INR 3,175.2 million against INR 2,832.8 million for the same period a year ago. Profit from ordinary activities before tax was INR 2,831.8 million against INR 2,233.8 million for the same period a year ago. Net profit for the period was INR 2,101.1 million or INR 55.57 per basic and diluted share against INR 1,735.7 million or INR 45.73 per basic and diluted share for the same period a year ago. EBITDA was up 7.3% to year over year to INR 4,690 million. Book value per share was INR 290.37 against INR 250.83 a year ago.