Pitti Engineering standalone net profit rises 2038.46% in the March 2018 quarter

Sales rise 50.68% to Rs 126.92 crore

Net profit of Pitti Engineering rose 2038.46% to Rs 2.78 crore in the quarter ended March 2018 as against Rs 0.13 crore during the previous quarter ended March 2017. Sales rose 50.68% to Rs 126.92 crore in the quarter ended March 2018 as against Rs 84.23 crore during the previous quarter ended March 2017.

For the full year,net profit rose 161.72% to Rs 11.28 crore in the year ended March 2018 as against Rs 4.31 crore during the previous year ended March 2017. Sales rose 33.03% to Rs 380.32 crore in the year ended March 2018 as against Rs 285.90 crore during the previous year ended March 2017.

ParticularsQuarter EndedYear EndedMar. 2018Mar. 2017% Var.Mar. 2018Mar. 2017% Var.Sales126.9284.23 51 380.32285.90 33 OPM %14.659.02 -14.3511.73 - PBDT11.105.96 86 33.9521.28 60 PBT5.752.03 183 16.325.11 219 NP2.780.13 2038 11.284.31 162

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