Rico Auto Industries consolidated net profit rises 183.74% in the March 2018 quarter

Sales rise 25.67% to Rs 332.44 crore

Net profit of Rico Auto Industries rose 183.74% to Rs 18.67 crore in the quarter ended March 2018 as against Rs 6.58 crore during the previous quarter ended March 2017. Sales rose 25.67% to Rs 332.44 crore in the quarter ended March 2018 as against Rs 264.54 crore during the previous quarter ended March 2017.

For the full year,net profit rose 12.29% to Rs 58.00 crore in the year ended March 2018 as against Rs 51.65 crore during the previous year ended March 2017. Sales rose 16.51% to Rs 1209.31 crore in the year ended March 2018 as against Rs 1037.93 crore during the previous year ended March 2017.

ParticularsQuarter EndedYear EndedMar. 2018Mar. 2017% Var.Mar. 2018Mar. 2017% Var.Sales332.44264.54 26 1209.311037.93 17 OPM %11.627.63 -10.8410.73 - PBDT34.9620.12 74 131.44111.02 18 PBT20.869.23 126 77.5464.73 20 NP18.676.58 184 58.0051.65 12

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