The Hi-Tech Gears standalone net profit rises 52.22% in the March 2018 quarter

Sales rise 27.49% to Rs 140.00 crore

Net profit of The Hi-Tech Gears rose 52.22% to Rs 8.22 crore in the quarter ended March 2018 as against Rs 5.40 crore during the previous quarter ended March 2017. Sales rose 27.49% to Rs 140.00 crore in the quarter ended March 2018 as against Rs 109.81 crore during the previous quarter ended March 2017.

For the full year,net profit rose 52.83% to Rs 31.91 crore in the year ended March 2018 as against Rs 20.88 crore during the previous year ended March 2017. Sales rose 17.25% to Rs 513.60 crore in the year ended March 2018 as against Rs 438.03 crore during the previous year ended March 2017.

ParticularsQuarter EndedYear EndedMar. 2018Mar. 2017% Var.Mar. 2018Mar. 2017% Var.Sales140.00109.81 27 513.60438.03 17 OPM %13.9114.12 -13.7412.49 - PBDT19.4715.51 26 74.6857.66 30 PBT13.019.20 41 48.3832.58 48 NP8.225.40 52 31.9120.88 53

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