Setco Automotive standalone net profit rises 451.85% in the March 2016 quarter

Sales rise 34.55% to Rs 175.21 crore

Net profit of Setco Automotive rose 451.85% to Rs 16.39 crore in the quarter ended March 2016 as against Rs 2.97 crore during the previous quarter ended March 2015. Sales rose 34.55% to Rs 175.21 crore in the quarter ended March 2016 as against Rs 130.22 crore during the previous quarter ended March 2015.

For the full year,net profit rose 42.15% to Rs 33.42 crore in the year ended March 2016 as against Rs 23.51 crore during the previous year ended March 2015. Sales rose 10.26% to Rs 505.15 crore in the year ended March 2016 as against Rs 458.13 crore during the previous year ended March 2015.

ParticularsQuarter EndedYear EndedMar. 2016Mar. 2015% Var.Mar. 2016Mar. 2015% Var.Sales175.21130.22 35 505.15458.13 10 OPM %17.549.69 -14.5212.18 - PBDT23.317.29 220 55.6141.46 34 PBT19.363.84 404 40.8928.22 45 NP16.392.97 452 33.4223.51 42

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