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

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

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