ABC Bearings standalone net profit rises 299.41% in the March 2018 quarter

Sales rise 13.01% to Rs 58.01 crore

Net profit of ABC Bearings rose 299.41% to Rs 6.79 crore in the quarter ended March 2018 as against Rs 1.70 crore during the previous quarter ended March 2017. Sales rose 13.01% to Rs 58.01 crore in the quarter ended March 2018 as against Rs 51.33 crore during the previous quarter ended March 2017.

For the full year,net profit rose 47.38% to Rs 13.22 crore in the year ended March 2018 as against Rs 8.97 crore during the previous year ended March 2017. Sales rose 2.22% to Rs 189.39 crore in the year ended March 2018 as against Rs 185.27 crore during the previous year ended March 2017.

ParticularsQuarter EndedYear EndedMar. 2018Mar. 2017% Var.Mar. 2018Mar. 2017% Var.Sales58.0151.33 13 189.39185.27 2 OPM %17.5513.91 -16.1816.80 - PBDT11.835.94 99 30.7126.52 16 PBT8.932.88 210 18.8614.04 34 NP6.791.70 299 13.228.97 47

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