NRB Bearings standalone net profit rises 2.74% in the March 2016 quarter

Sales rise 11.84% to Rs 170.68 crore

Net profit of NRB Bearings rose 2.74% to Rs 11.99 crore in the quarter ended March 2016 as against Rs 11.67 crore during the previous quarter ended March 2015. Sales rose 11.84% to Rs 170.68 crore in the quarter ended March 2016 as against Rs 152.61 crore during the previous quarter ended March 2015.

For the full year,net profit declined 11.70% to Rs 45.98 crore in the year ended March 2016 as against Rs 52.07 crore during the previous year ended March 2015. Sales rose 1.39% to Rs 651.51 crore in the year ended March 2016 as against Rs 642.57 crore during the previous year ended March 2015.

ParticularsQuarter EndedYear EndedMar. 2016Mar. 2015% Var.Mar. 2016Mar. 2015% Var.Sales170.68152.61 12 651.51642.57 1 OPM %18.0714.09 -16.1317.86 - PBDT26.7918.82 42 95.08102.50 -7 PBT16.5216.91 -2 65.9474.19 -11 NP11.9911.67 3 45.9852.07 -12

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