Veto Switchgears & Cables consolidated net profit rises 21.75% in the March 2018 quarter

Sales rise 2.79% to Rs 70.41 crore

Net profit of Veto Switchgears & Cables rose 21.75% to Rs 7.11 crore in the quarter ended March 2018 as against Rs 5.84 crore during the previous quarter ended March 2017. Sales rose 2.79% to Rs 70.41 crore in the quarter ended March 2018 as against Rs 68.50 crore during the previous quarter ended March 2017.

For the full year,net profit rose 58.13% to Rs 28.97 crore in the year ended March 2018 as against Rs 18.32 crore during the previous year ended March 2017. Sales rose 5.86% to Rs 253.09 crore in the year ended March 2018 as against Rs 239.08 crore during the previous year ended March 2017.

ParticularsQuarter EndedYear EndedMar. 2018Mar. 2017% Var.Mar. 2018Mar. 2017% Var.Sales70.4168.50 3 253.09239.08 6 OPM %15.5210.89 -16.3110.64 - PBDT10.777.13 51 40.5022.98 76 PBT10.356.70 54 38.9221.31 83 NP7.115.84 22 28.9718.32 58

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