Hi-Tech Gears standalone net profit rises 83.95% in the March 2015 quarter

Sales rise 16.98% to Rs 105.19 crore

Net profit of Hi-Tech Gears rose 83.95% to Rs 6.99 crore in the quarter ended March 2015 as against Rs 3.80 crore during the previous quarter ended March 2014. Sales rose 16.98% to Rs 105.19 crore in the quarter ended March 2015 as against Rs 89.92 crore during the previous quarter ended March 2014.

For the full year,net profit rose 15.63% to Rs 18.42 crore in the year ended March 2015 as against Rs 15.93 crore during the previous year ended March 2014. Sales rose 19.89% to Rs 423.32 crore in the year ended March 2015 as against Rs 353.09 crore during the previous year ended March 2014.

ParticularsQuarter EndedYear EndedMar. 2015Mar. 2014% Var.Mar. 2015Mar. 2014% Var.Sales105.1989.92 17 423.32353.09 20 OPM %13.978.72 -12.3912.99 - PBDT15.0610.09 49 51.4145.14 14 PBT9.064.24 114 26.3022.08 19 NP6.993.80 84 18.4215.93 16

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