HBL Power Systems reports standalone net profit of Rs 10.64 crore in the March 2017 quarter

Sales rise 27.54% to Rs 442.24 crore

Net profit of HBL Power Systems reported to Rs 10.64 crore in the quarter ended March 2017 as against net loss of Rs 7.17 crore during the previous quarter ended March 2016. Sales rose 27.54% to Rs 442.24 crore in the quarter ended March 2017 as against Rs 346.75 crore during the previous quarter ended March 2016.

For the full year,net profit rose 407.15% to Rs 34.74 crore in the year ended March 2017 as against Rs 6.85 crore during the previous year ended March 2016. Sales rose 9.61% to Rs 1529.86 crore in the year ended March 2017 as against Rs 1395.71 crore during the previous year ended March 2016.

ParticularsQuarter EndedYear EndedMar. 2017Mar. 2016% Var.Mar. 2017Mar. 2016% Var.Sales442.24346.75 28 1529.861395.71 10 OPM %6.498.52 -8.509.69 - PBDT29.3119.99 47 101.0479.50 27 PBT20.027.40 171 52.8629.15 81 NP10.64-7.17 LP 34.746.85 407

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