Sunil Hitech Engineers standalone net profit declines 98.03% in the March 2017 quarter

Sales rise 22.27% to Rs 618.18 crore

Net profit of Sunil Hitech Engineers declined 98.03% to Rs 0.27 crore in the quarter ended March 2017 as against Rs 13.73 crore during the previous quarter ended March 2016. Sales rose 22.27% to Rs 618.18 crore in the quarter ended March 2017 as against Rs 505.58 crore during the previous quarter ended March 2016.

For the full year,net profit declined 16.71% to Rs 40.07 crore in the year ended March 2017 as against Rs 48.11 crore during the previous year ended March 2016. Sales rose 14.42% to Rs 2089.67 crore in the year ended March 2017 as against Rs 1826.33 crore during the previous year ended March 2016.

ParticularsQuarter EndedYear EndedMar. 2017Mar. 2016% Var.Mar. 2017Mar. 2016% Var.Sales618.18505.58 22 2089.671826.33 14 OPM %8.739.54 -9.479.66 - PBDT28.6130.39 -6 114.82105.03 9 PBT19.9221.67 -8 81.9473.15 12 NP0.2713.73 -98 40.0748.11 -17

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