Garware-Wall Ropes standalone net profit rises 13.66% in the March 2017 quarter

Sales rise 14.99% to Rs 214.06 crore

Net profit of Garware-Wall Ropes rose 13.66% to Rs 19.64 crore in the quarter ended March 2017 as against Rs 17.28 crore during the previous quarter ended March 2016. Sales rose 14.99% to Rs 214.06 crore in the quarter ended March 2017 as against Rs 186.16 crore during the previous quarter ended March 2016.

For the full year,net profit rose 34.57% to Rs 83.27 crore in the year ended March 2017 as against Rs 61.88 crore during the previous year ended March 2016. Sales rose 4.91% to Rs 865.28 crore in the year ended March 2017 as against Rs 824.82 crore during the previous year ended March 2016.

ParticularsQuarter EndedYear EndedMar. 2017Mar. 2016% Var.Mar. 2017Mar. 2016% Var.Sales214.06186.16 15 865.28824.82 5 OPM %16.0215.28 -15.5612.78 - PBDT32.9227.67 19 135.96100.15 36 PBT29.3424.25 21 121.8387.05 40 NP19.6417.28 14 83.2761.88 35

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