GNA Axles standalone net profit rises 169.23% in the March 2018 quarter

Sales rise 71.13% to Rs 204.52 crore

Net profit of GNA Axles rose 169.23% to Rs 16.45 crore in the quarter ended March 2018 as against Rs 6.11 crore during the previous quarter ended March 2017. Sales rose 71.13% to Rs 204.52 crore in the quarter ended March 2018 as against Rs 119.51 crore during the previous quarter ended March 2017.

For the full year,net profit rose 71.89% to Rs 50.88 crore in the year ended March 2018 as against Rs 29.60 crore during the previous year ended March 2017. Sales rose 36.50% to Rs 662.72 crore in the year ended March 2018 as against Rs 485.50 crore during the previous year ended March 2017.

ParticularsQuarter EndedYear EndedMar. 2018Mar. 2017% Var.Mar. 2018Mar. 2017% Var.Sales204.52119.51 71 662.72485.50 37 OPM %14.4314.20 -15.5516.57 - PBDT28.3316.51 72 98.8270.83 40 PBT22.0710.62 108 74.0246.89 58 NP16.456.11 169 50.8829.60 72

Powered by Capital Market - Live News