Elgi Equipments consolidated net profit declines 0.19% in the March 2017 quarter

Sales decline 7.64% to Rs 372.49 crore

Net profit of Elgi Equipments declined 0.19% to Rs 20.84 crore in the quarter ended March 2017 as against Rs 20.88 crore during the previous quarter ended March 2016. Sales declined 7.64% to Rs 372.49 crore in the quarter ended March 2017 as against Rs 403.30 crore during the previous quarter ended March 2016.

For the full year,net profit rose 45.30% to Rs 74.00 crore in the year ended March 2017 as against Rs 50.93 crore during the previous year ended March 2016. Sales declined 2.19% to Rs 1370.11 crore in the year ended March 2017 as against Rs 1400.82 crore during the previous year ended March 2016.

ParticularsQuarter EndedYear EndedMar. 2017Mar. 2016% Var.Mar. 2017Mar. 2016% Var.Sales372.49403.30 -8 1370.111400.82 -2 OPM %10.739.93 -10.308.93 - PBDT42.4841.16 3 143.52122.01 18 PBT29.6928.66 4 98.8878.43 26 NP20.8420.88 0 74.0050.93 45

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