Indian Hume Pipe Company standalone net profit rises 252.49% in the March 2017 quarter

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Sales rise 64.00% to Rs 488.01 crore
Net profit of Indian Hume Pipe Company rose 252.49% to Rs 33.24 crore in the quarter ended March 2017 as against Rs 9.43 crore during the previous quarter ended March 2016. Sales rose 64.00% to Rs 488.01 crore in the quarter ended March 2017 as against Rs 297.57 crore during the previous quarter ended March 2016.For the full year,net profit rose 239.45% to Rs 98.78 crore in the year ended March 2017 as against Rs 29.10 crore during the previous year ended March 2016. Sales rose 91.25% to Rs 1791.87 crore in the year ended March 2017 as against Rs 936.91 crore during the previous year ended March 2016.
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First Published: May 19 2017 | 4:59 PM IST