Honda Siel Power Products standalone net profit declines 14.45% in the March 2017 quarter

Sales rise 2.29% to Rs 194.56 crore

Net profit of Honda Siel Power Products declined 14.45% to Rs 13.14 crore in the quarter ended March 2017 as against Rs 15.36 crore during the previous quarter ended March 2016. Sales rose 2.29% to Rs 194.56 crore in the quarter ended March 2017 as against Rs 190.20 crore during the previous quarter ended March 2016.

For the full year,net profit rose 17.04% to Rs 57.15 crore in the year ended March 2017 as against Rs 48.83 crore during the previous year ended March 2016. Sales rose 3.95% to Rs 687.47 crore in the year ended March 2017 as against Rs 661.35 crore during the previous year ended March 2016.

ParticularsQuarter EndedYear EndedMar. 2017Mar. 2016% Var.Mar. 2017Mar. 2016% Var.Sales194.56190.20 2 687.47661.35 4 OPM %11.1515.38 -13.7413.31 - PBDT25.9030.85 -16 110.3798.89 12 PBT19.8323.89 -17 87.1775.07 16 NP13.1415.36 -14 57.1548.83 17

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