ABC Bearings standalone net profit rises 67.02% in the March 2016 quarter

Image
Capital Market
Last Updated : May 11 2016 | 4:05 PM IST

Sales rise 20.45% to Rs 52.47 crore

Net profit of ABC Bearings rose 67.02% to Rs 3.19 crore in the quarter ended March 2016 as against Rs 1.91 crore during the previous quarter ended March 2015. Sales rose 20.45% to Rs 52.47 crore in the quarter ended March 2016 as against Rs 43.56 crore during the previous quarter ended March 2015.

For the full year,net profit rose 31.10% to Rs 5.48 crore in the year ended March 2016 as against Rs 4.18 crore during the previous year ended March 2015. Sales rose 10.33% to Rs 178.15 crore in the year ended March 2016 as against Rs 161.47 crore during the previous year ended March 2015.

ParticularsQuarter EndedYear EndedMar. 2016Mar. 2015% Var.Mar. 2016Mar. 2015% Var.Sales52.4743.56 20 178.15161.47 10 OPM %17.8613.45 -15.3213.49 - PBDT8.104.54 78 20.8916.53 26 PBT4.931.55 218 8.384.81 74 NP3.191.91 67 5.484.18 31

Powered by Capital Market - Live News

*Subscribe to Business Standard digital and get complimentary access to The New York Times

Smart Quarterly

₹900

3 Months

₹300/Month

SAVE 25%

Smart Essential

₹2,700

1 Year

₹225/Month

SAVE 46%
*Complimentary New York Times access for the 2nd year will be given after 12 months

Super Saver

₹3,900

2 Years

₹162/Month

Subscribe

Renews automatically, cancel anytime

Here’s what’s included in our digital subscription plans

Exclusive premium stories online

  • Over 30 premium stories daily, handpicked by our editors

Complimentary Access to The New York Times

  • News, Games, Cooking, Audio, Wirecutter & The Athletic

Business Standard Epaper

  • Digital replica of our daily newspaper — with options to read, save, and share

Curated Newsletters

  • Insights on markets, finance, politics, tech, and more delivered to your inbox

Market Analysis & Investment Insights

  • In-depth market analysis & insights with access to The Smart Investor

Archives

  • Repository of articles and publications dating back to 1997

Ad-free Reading

  • Uninterrupted reading experience with no advertisements

Seamless Access Across All Devices

  • Access Business Standard across devices — mobile, tablet, or PC, via web or app

More From This Section

First Published: May 11 2016 | 1:41 PM IST

Next Story