Hisar Metal Industries standalone net profit rises 521.05% in the March 2017 quarter

Sales rise 3.01% to Rs 42.72 crore

Net profit of Hisar Metal Industries rose 521.05% to Rs 1.18 crore in the quarter ended March 2017 as against Rs 0.19 crore during the previous quarter ended March 2016. Sales rose 3.01% to Rs 42.72 crore in the quarter ended March 2017 as against Rs 41.47 crore during the previous quarter ended March 2016.

For the full year,net profit rose 576.92% to Rs 2.64 crore in the year ended March 2017 as against Rs 0.39 crore during the previous year ended March 2016. Sales declined 9.73% to Rs 158.03 crore in the year ended March 2017 as against Rs 175.07 crore during the previous year ended March 2016.

ParticularsQuarter EndedYear EndedMar. 2017Mar. 2016% Var.Mar. 2017Mar. 2016% Var.Sales42.7241.47 3 158.03175.07 -10 OPM %1.383.54 -4.164.34 - PBDT2.010.60 235 5.652.41 134 PBT1.530.18 750 3.830.71 439 NP1.180.19 521 2.640.39 577

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