Garware-Wall Ropes standalone net profit rises 51.71% in the March 2018 quarter

Sales rise 11.84% to Rs 234.79 crore

Net profit of Garware-Wall Ropes rose 51.71% to Rs 29.34 crore in the quarter ended March 2018 as against Rs 19.34 crore during the previous quarter ended March 2017. Sales rose 11.84% to Rs 234.79 crore in the quarter ended March 2018 as against Rs 209.93 crore during the previous quarter ended March 2017.

For the full year,net profit rose 24.70% to Rs 105.12 crore in the year ended March 2018 as against Rs 84.30 crore during the previous year ended March 2017. Sales rose 4.58% to Rs 884.61 crore in the year ended March 2018 as against Rs 845.87 crore during the previous year ended March 2017.

ParticularsQuarter EndedYear EndedMar. 2018Mar. 2017% Var.Mar. 2018Mar. 2017% Var.Sales234.79209.93 12 884.61845.87 5 OPM %19.3817.11 -18.1416.01 - PBDT44.9632.93 37 168.36137.32 23 PBT40.9529.33 40 153.01123.16 24 NP29.3419.34 52 105.1284.30 25

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