Indian Hume Pipe Company standalone net profit declines 33.14% in the March 2018 quarter

Image
Capital Market
Last Updated : May 25 2018 | 9:53 AM IST

Sales decline 10.95% to Rs 411.19 crore

Net profit of Indian Hume Pipe Company declined 33.14% to Rs 23.20 crore in the quarter ended March 2018 as against Rs 34.70 crore during the previous quarter ended March 2017. Sales declined 10.95% to Rs 411.19 crore in the quarter ended March 2018 as against Rs 461.74 crore during the previous quarter ended March 2017.

For the full year,net profit declined 33.73% to Rs 66.06 crore in the year ended March 2018 as against Rs 99.68 crore during the previous year ended March 2017. Sales declined 10.46% to Rs 1525.97 crore in the year ended March 2018 as against Rs 1704.31 crore during the previous year ended March 2017.

ParticularsQuarter EndedYear EndedMar. 2018Mar. 2017% Var.Mar. 2018Mar. 2017% Var.Sales411.19461.74 -11 1525.971704.31 -10 OPM %11.3513.62 -9.9312.11 - PBDT38.3555.96 -31 111.22163.54 -32 PBT35.4253.13 -33 100.38153.01 -34 NP23.2034.70 -33 66.0699.68 -34

Powered by Capital Market - Live News

Disclaimer: No Business Standard Journalist was involved in creation of this content

*Subscribe to Business Standard digital and get complimentary access to The New York Times

Smart Quarterly

₹900

3 Months

₹300/Month

SAVE 25%

Smart Essential

₹2,700

1 Year

₹225/Month

SAVE 46%
*Complimentary New York Times access for the 2nd year will be given after 12 months

Super Saver

₹3,900

2 Years

₹162/Month

Subscribe

Renews automatically, cancel anytime

Here’s what’s included in our digital subscription plans

Exclusive premium stories online

  • Over 30 premium stories daily, handpicked by our editors

Complimentary Access to The New York Times

  • News, Games, Cooking, Audio, Wirecutter & The Athletic

Business Standard Epaper

  • Digital replica of our daily newspaper — with options to read, save, and share

Curated Newsletters

  • Insights on markets, finance, politics, tech, and more delivered to your inbox

Market Analysis & Investment Insights

  • In-depth market analysis & insights with access to The Smart Investor

Archives

  • Repository of articles and publications dating back to 1997

Ad-free Reading

  • Uninterrupted reading experience with no advertisements

Seamless Access Across All Devices

  • Access Business Standard across devices — mobile, tablet, or PC, via web or app

More From This Section

First Published: May 25 2018 | 9:31 AM IST

Next Story