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Gandhi Special Tubes standalone net profit rises 13.13% in the March 2017 quarter

Capital Market 

Sales decline 1.01% to Rs 21.63 crore

Net profit of rose 13.13% to Rs 6.98 crore in the quarter ended March 2017 as against Rs 6.17 crore during the previous quarter ended March 2016. Sales declined 1.01% to Rs 21.63 crore in the quarter ended March 2017 as against Rs 21.85 crore during the previous quarter ended March 2016.

For the full year,net profit rose 60.32% to Rs 29.74 crore in the year ended March 2017 as against Rs 18.55 crore during the previous year ended March 2016. Sales rose 7.02% to Rs 97.57 crore in the year ended March 2017 as against Rs 91.17 crore during the previous year ended March 2016.

ParticularsQuarter EndedYear EndedMar. 2017Mar. 2016% Var.Mar. 2017Mar. 2016% Var.Sales21.6321.85 -1 97.5791.17 7 OPM %34.6329.24 -33.7729.52 - PBDT9.038.15 11 41.6129.91 39 PBT7.936.97 14 37.1525.20 47 NP6.986.17 13 29.7418.55 60

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(This story has not been edited by Business Standard staff and is auto-generated from a syndicated feed.)

First Published: Wed, May 17 2017. 15:16 IST
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