Kirloskar Ferrous Industries standalone net profit rises 44.29% in the March 2018 quarter

Sales rise 29.86% to Rs 469.58 crore

Net profit of Kirloskar Ferrous Industries rose 44.29% to Rs 14.92 crore in the quarter ended March 2018 as against Rs 10.34 crore during the previous quarter ended March 2017. Sales rose 29.86% to Rs 469.58 crore in the quarter ended March 2018 as against Rs 361.61 crore during the previous quarter ended March 2017.

For the full year,net profit declined 56.73% to Rs 38.00 crore in the year ended March 2018 as against Rs 87.83 crore during the previous year ended March 2017. Sales rose 35.02% to Rs 1723.87 crore in the year ended March 2018 as against Rs 1276.76 crore during the previous year ended March 2017.

ParticularsQuarter EndedYear EndedMar. 2018Mar. 2017% Var.Mar. 2018Mar. 2017% Var.Sales469.58361.61 30 1723.871276.76 35 OPM %7.246.26 -6.3713.48 - PBDT34.3821.54 60 103.95166.96 -38 PBT21.7011.10 95 54.42121.09 -55 NP14.9210.34 44 38.0087.83 -57

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