Garware-Wall Ropes standalone net profit rises 40.95% in the March 2016 quarter

Sales decline 5.42% to Rs 186.16 crore

Net profit of Garware-Wall Ropes rose 40.95% to Rs 17.28 crore in the quarter ended March 2016 as against Rs 12.26 crore during the previous quarter ended March 2015. Sales declined 5.42% to Rs 186.16 crore in the quarter ended March 2016 as against Rs 196.83 crore during the previous quarter ended March 2015.

For the full year,net profit rose 43.74% to Rs 61.88 crore in the year ended March 2016 as against Rs 43.05 crore during the previous year ended March 2015. Sales rose 5.44% to Rs 824.82 crore in the year ended March 2016 as against Rs 782.23 crore during the previous year ended March 2015.

ParticularsQuarter EndedYear EndedMar. 2016Mar. 2015% Var.Mar. 2016Mar. 2015% Var.Sales186.16196.83 -5 824.82782.23 5 OPM %15.2811.54 -12.7810.41 - PBDT27.6719.88 39 100.1572.90 37 PBT24.2516.91 43 87.0560.51 44 NP17.2812.26 41 61.8843.05 44

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