Modison Metals standalone net profit declines 24.64% in the March 2017 quarter

Sales rise 18.90% to Rs 54.16 crore

Net profit of Modison Metals declined 24.64% to Rs 2.60 crore in the quarter ended March 2017 as against Rs 3.45 crore during the previous quarter ended March 2016. Sales rose 18.90% to Rs 54.16 crore in the quarter ended March 2017 as against Rs 45.55 crore during the previous quarter ended March 2016.

For the full year,net profit rose 29.41% to Rs 14.08 crore in the year ended March 2017 as against Rs 10.88 crore during the previous year ended March 2016. Sales rose 13.83% to Rs 190.47 crore in the year ended March 2017 as against Rs 167.33 crore during the previous year ended March 2016.

ParticularsQuarter EndedYear EndedMar. 2017Mar. 2016% Var.Mar. 2017Mar. 2016% Var.Sales54.1645.55 19 190.47167.33 14 OPM %12.1315.89 -16.2215.46 - PBDT6.076.79 -11 28.8223.55 22 PBT4.425.08 -13 22.4217.18 31 NP2.603.45 -25 14.0810.88 29

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