Tube Investments of India standalone net profit rises 771.13% in the March 2016 quarter

Sales rise 19.09% to Rs 1019.63 crore

Net profit of Tube Investments of India rose 771.13% to Rs 671.12 crore in the quarter ended March 2016 as against Rs 77.04 crore during the previous quarter ended March 2015. Sales rose 19.09% to Rs 1019.63 crore in the quarter ended March 2016 as against Rs 856.19 crore during the previous quarter ended March 2015.

For the full year,net profit rose 503.91% to Rs 729.89 crore in the year ended March 2016 as against Rs 120.86 crore during the previous year ended March 2015. Sales rose 3.96% to Rs 3790.05 crore in the year ended March 2016 as against Rs 3645.78 crore during the previous year ended March 2015.

ParticularsQuarter EndedYear EndedMar. 2016Mar. 2015% Var.Mar. 2016Mar. 2015% Var.Sales1019.63856.19 19 3790.053645.78 4 OPM %9.189.63 -9.248.76 - PBDT84.3574.37 13 249.40218.16 14 PBT55.1547.47 16 138.80121.15 15 NP671.1277.04 771 729.89120.86 504

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