India Nippon Electricals standalone net profit declines 18.64% in the March 2017 quarter

Sales decline 4.15% to Rs 81.27 crore

Net profit of India Nippon Electricals declined 18.64% to Rs 6.11 crore in the quarter ended March 2017 as against Rs 7.51 crore during the previous quarter ended March 2016. Sales declined 4.15% to Rs 81.27 crore in the quarter ended March 2017 as against Rs 84.79 crore during the previous quarter ended March 2016.

For the full year,net profit rose 5.95% to Rs 32.40 crore in the year ended March 2017 as against Rs 30.58 crore during the previous year ended March 2016. Sales rose 4.13% to Rs 348.31 crore in the year ended March 2017 as against Rs 334.48 crore during the previous year ended March 2016.

ParticularsQuarter EndedYear EndedMar. 2017Mar. 2016% Var.Mar. 2017Mar. 2016% Var.Sales81.2784.79 -4 348.31334.48 4 OPM %8.779.81 -10.8210.64 - PBDT10.4410.93 -4 51.2545.51 13 PBT9.409.51 -1 47.0841.33 14 NP6.117.51 -19 32.4030.58 6

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