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

Image
Capital Market
Last Updated : May 17 2017 | 3:47 PM IST

Sales decline 1.01% to Rs 21.63 crore

Net profit of Gandhi Special Tubes 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

Powered by Capital Market - Live News

Disclaimer: No Business Standard Journalist was involved in creation of this content

*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 17 2017 | 3:16 PM IST

Next Story