Igarashi Motors India standalone net profit declines 12.91% in the March 2018 quarter

Sales decline 19.04% to Rs 106.08 crore

Net profit of Igarashi Motors India declined 12.91% to Rs 16.53 crore in the quarter ended March 2018 as against Rs 18.98 crore during the previous quarter ended March 2017. Sales declined 19.04% to Rs 106.08 crore in the quarter ended March 2018 as against Rs 131.02 crore during the previous quarter ended March 2017.

For the full year,net profit declined 12.02% to Rs 66.27 crore in the year ended March 2018 as against Rs 75.32 crore during the previous year ended March 2017. Sales declined 11.23% to Rs 458.44 crore in the year ended March 2018 as against Rs 516.44 crore during the previous year ended March 2017.

ParticularsQuarter EndedYear EndedMar. 2018Mar. 2017% Var.Mar. 2018Mar. 2017% Var.Sales106.08131.02 -19 458.44516.44 -11 OPM %24.7821.97 -22.3123.39 - PBDT33.1633.27 0 126.78135.61 -7 PBT26.3026.60 -1 102.12113.58 -10 NP16.5318.98 -13 66.2775.32 -12

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