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Jindal Stainless (Hisar) standalone net profit rises 453.90% in the March 2017 quarter

Capital Market 

Sales rise 39.08% to Rs 2043.17 crore

Net profit of Jindal Stainless (Hisar) rose 453.90% to Rs 60.43 crore in the quarter ended March 2017 as against Rs 10.91 crore during the previous quarter ended March 2016. Sales rose 39.08% to Rs 2043.17 crore in the quarter ended March 2017 as against Rs 1469.10 crore during the previous quarter ended March 2016.

For the full year,net profit rose 778.05% to Rs 218.02 crore in the year ended March 2017 as against Rs 24.83 crore during the previous year ended March 2016. Sales rose 8.16% to Rs 6889.81 crore in the year ended March 2017 as against Rs 6369.74 crore during the previous year ended March 2016.

ParticularsQuarter EndedYear EndedMar. 2017Mar. 2016% Var.Mar. 2017Mar. 2016% Var.Sales2043.171469.10 39 6889.816369.74 8 OPM %11.6514.73 -13.4212.63 - PBDT148.06117.04 27 573.07360.07 59 PBT81.5245.27 80 307.8375.07 310 NP60.4310.91 454 218.0224.83 778

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

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