Greaves Cotton standalone net profit rises 19.13% in the March 2017 quarter

Sales decline 3.40% to Rs 390.73 crore

Net profit of Greaves Cotton rose 19.13% to Rs 46.77 crore in the quarter ended March 2017 as against Rs 39.26 crore during the previous quarter ended March 2016. Sales declined 3.40% to Rs 390.73 crore in the quarter ended March 2017 as against Rs 404.50 crore during the previous quarter ended March 2016.

For the full year,net profit declined 9.40% to Rs 180.63 crore in the year ended March 2017 as against Rs 199.37 crore during the previous year ended March 2016. Sales rose 1.29% to Rs 1634.26 crore in the year ended March 2017 as against Rs 1613.43 crore during the previous year ended March 2016.

ParticularsQuarter EndedYear EndedMar. 2017Mar. 2016% Var.Mar. 2017Mar. 2016% Var.Sales390.73404.50 -3 1634.261613.43 1 OPM %13.6115.40 -14.6816.45 - PBDT68.7376.41 -10 289.33311.87 -7 PBT56.2265.31 -14 242.67266.48 -9 NP46.7739.26 19 180.63199.37 -9

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