Minda Industries standalone net profit rises 76.14% in the March 2018 quarter

Sales rise 26.33% to Rs 504.63 crore

Net profit of Minda Industries rose 76.14% to Rs 36.25 crore in the quarter ended March 2018 as against Rs 20.58 crore during the previous quarter ended March 2017. Sales rose 26.33% to Rs 504.63 crore in the quarter ended March 2018 as against Rs 399.45 crore during the previous quarter ended March 2017.

For the full year,net profit rose 44.56% to Rs 135.83 crore in the year ended March 2018 as against Rs 93.96 crore during the previous year ended March 2017. Sales rose 13.29% to Rs 1857.08 crore in the year ended March 2018 as against Rs 1639.29 crore during the previous year ended March 2017.

ParticularsQuarter EndedYear EndedMar. 2018Mar. 2017% Var.Mar. 2018Mar. 2017% Var.Sales504.63399.45 26 1857.081639.29 13 OPM %11.509.76 -10.299.67 - PBDT61.1637.67 62 222.61169.38 31 PBT47.1323.80 98 170.09118.26 44 NP36.2520.58 76 135.8393.96 45

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