Kirloskar Oil Engines standalone net profit declines 24.27% in the March 2017 quarter

Sales rise 2.82% to Rs 700.33 crore

Net profit of Kirloskar Oil Engines declined 24.27% to Rs 44.22 crore in the quarter ended March 2017 as against Rs 58.39 crore during the previous quarter ended March 2016. Sales rose 2.82% to Rs 700.33 crore in the quarter ended March 2017 as against Rs 681.15 crore during the previous quarter ended March 2016.

For the full year,net profit rose 5.03% to Rs 173.62 crore in the year ended March 2017 as against Rs 165.31 crore during the previous year ended March 2016. Sales rose 8.42% to Rs 2670.42 crore in the year ended March 2017 as against Rs 2463.05 crore during the previous year ended March 2016.

ParticularsQuarter EndedYear EndedMar. 2017Mar. 2016% Var.Mar. 2017Mar. 2016% Var.Sales700.33681.15 3 2670.422463.05 8 OPM %9.5914.97 -10.5111.22 - PBDT87.79119.20 -26 362.98341.77 6 PBT59.6387.71 -32 252.30230.46 9 NP44.2258.39 -24 173.62165.31 5

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