ISGEC Heavy Engineering standalone net profit rises 2.08% in the March 2017 quarter

Image
Capital Market
Last Updated : May 30 2017 | 3:50 PM IST

Sales decline 19.01% to Rs 934.63 crore

Net profit of ISGEC Heavy Engineering rose 2.08% to Rs 58.28 crore in the quarter ended March 2017 as against Rs 57.09 crore during the previous quarter ended March 2016. Sales declined 19.01% to Rs 934.63 crore in the quarter ended March 2017 as against Rs 1154.06 crore during the previous quarter ended March 2016.

For the full year,net profit declined 0.68% to Rs 188.63 crore in the year ended March 2017 as against Rs 189.93 crore during the previous year ended March 2016. Sales declined 21.34% to Rs 3110.99 crore in the year ended March 2017 as against Rs 3954.99 crore during the previous year ended March 2016.

ParticularsQuarter EndedYear EndedMar. 2017Mar. 2016% Var.Mar. 2017Mar. 2016% Var.Sales934.631154.06 -19 3110.993954.99 -21 OPM %7.137.52 -8.337.74 - PBDT88.81100.11 -11 331.48347.14 -5 PBT72.2083.98 -14 267.66282.84 -5 NP58.2857.09 2 188.63189.93 -1

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 30 2017 | 3:28 PM IST

Next Story