Veto Switchgears & Cables standalone net profit rises 60.00% in the March 2018 quarter

Sales rise 30.83% to Rs 43.37 crore

Net profit of Veto Switchgears & Cables rose 60.00% to Rs 5.28 crore in the quarter ended March 2018 as against Rs 3.30 crore during the previous quarter ended March 2017. Sales rose 30.83% to Rs 43.37 crore in the quarter ended March 2018 as against Rs 33.15 crore during the previous quarter ended March 2017.

For the full year,net profit rose 62.30% to Rs 19.93 crore in the year ended March 2018 as against Rs 12.28 crore during the previous year ended March 2017. Sales rose 2.41% to Rs 123.24 crore in the year ended March 2018 as against Rs 120.34 crore during the previous year ended March 2017.

ParticularsQuarter EndedYear EndedMar. 2018Mar. 2017% Var.Mar. 2018Mar. 2017% Var.Sales43.3733.15 31 123.24120.34 2 OPM %20.7313.45 -22.8313.01 - PBDT8.854.58 93 31.2416.92 85 PBT8.484.15 104 29.7615.26 95 NP5.283.30 60 19.9312.28 62

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