Tube Investments of India standalone net profit declines 89.21% in the March 2017 quarter

Sales rise 1.47% to Rs 1027.16 crore

Net profit of Tube Investments of India declined 89.21% to Rs 72.50 crore in the quarter ended March 2017 as against Rs 671.84 crore during the previous quarter ended March 2016. Sales rose 1.47% to Rs 1027.16 crore in the quarter ended March 2017 as against Rs 1012.31 crore during the previous quarter ended March 2016.

For the full year,net profit declined 73.16% to Rs 196.17 crore in the year ended March 2017 as against Rs 730.93 crore during the previous year ended March 2016. Sales rose 3.92% to Rs 3900.45 crore in the year ended March 2017 as against Rs 3753.50 crore during the previous year ended March 2016.

ParticularsQuarter EndedYear EndedMar. 2017Mar. 2016% Var.Mar. 2017Mar. 2016% Var.Sales1027.161012.31 1 3900.453753.50 4 OPM %8.039.22 -9.239.33 - PBDT99.6885.42 17 359.11250.96 43 PBT65.4556.22 16 237.86140.36 69 NP72.50671.84 -89 196.17730.93 -73

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