NRB Bearings standalone net profit rises 129.76% in the March 2018 quarter

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Sales rise 25.18% to Rs 235.33 crore
Net profit of NRB Bearings rose 129.76% to Rs 26.79 crore in the quarter ended March 2018 as against Rs 11.66 crore during the previous quarter ended March 2017. Sales rose 25.18% to Rs 235.33 crore in the quarter ended March 2018 as against Rs 187.99 crore during the previous quarter ended March 2017.For the full year,net profit rose 66.06% to Rs 81.90 crore in the year ended March 2018 as against Rs 49.32 crore during the previous year ended March 2017. Sales rose 17.53% to Rs 830.56 crore in the year ended March 2018 as against Rs 706.69 crore during the previous year ended March 2017.
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First Published: May 22 2018 | 3:55 PM IST