Solitaire Machine Tools standalone net profit rises 17.24% in the March 2017 quarter

Sales rise 24.49% to Rs 7.27 crore

Net profit of Solitaire Machine Tools rose 17.24% to Rs 0.34 crore in the quarter ended March 2017 as against Rs 0.29 crore during the previous quarter ended March 2016. Sales rose 24.49% to Rs 7.27 crore in the quarter ended March 2017 as against Rs 5.84 crore during the previous quarter ended March 2016.

For the full year,net profit rose 28.44% to Rs 1.40 crore in the year ended March 2017 as against Rs 1.09 crore during the previous year ended March 2016. Sales rose 17.11% to Rs 18.34 crore in the year ended March 2017 as against Rs 15.66 crore during the previous year ended March 2016.

ParticularsQuarter EndedYear EndedMar. 2017Mar. 2016% Var.Mar. 2017Mar. 2016% Var.Sales7.275.84 24 18.3415.66 17 OPM %18.1611.82 -18.1014.37 - PBDT1.470.68 116 3.622.45 48 PBT1.270.50 154 2.861.71 67 NP0.340.29 17 1.401.09 28

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