Indowind Energy consolidated net profit rises 514.29% in the March 2017 quarter

Sales rise 24.77% to Rs 2.77 crore

Net profit of Indowind Energy rose 514.29% to Rs 0.86 crore in the quarter ended March 2017 as against Rs 0.14 crore during the previous quarter ended March 2016. Sales rose 24.77% to Rs 2.77 crore in the quarter ended March 2017 as against Rs 2.22 crore during the previous quarter ended March 2016.

For the full year,net profit rose 112.99% to Rs 1.64 crore in the year ended March 2017 as against Rs 0.77 crore during the previous year ended March 2016. Sales rose 53.77% to Rs 29.57 crore in the year ended March 2017 as against Rs 19.23 crore during the previous year ended March 2016.

ParticularsQuarter EndedYear EndedMar. 2017Mar. 2016% Var.Mar. 2017Mar. 2016% Var.Sales2.772.22 25 29.5719.23 54 OPM %15.88-39.19 -51.6737.86 - PBDT-0.080.20 PL 11.077.91 40 PBT-0.65-0.28 -132 0.150.36 -58 NP0.860.14 514 1.640.77 113

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