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ABC Bearings standalone net profit rises 52.98% in the March 2017 quarter

Capital Market 

Sales decline 0.49% to Rs 52.41 crore

Net profit of rose 52.98% to Rs 4.88 crore in the quarter ended March 2017 as against Rs 3.19 crore during the previous quarter ended March 2016. Sales declined 0.49% to Rs 52.41 crore in the quarter ended March 2017 as against Rs 52.67 crore during the previous quarter ended March 2016.

For the full year,net profit rose 116.24% to Rs 11.85 crore in the year ended March 2017 as against Rs 5.48 crore during the previous year ended March 2016. Sales rose 5.13% to Rs 188.28 crore in the year ended March 2017 as against Rs 179.09 crore during the previous year ended March 2016.

ParticularsQuarter EndedYear EndedMar. 2017Mar. 2016% Var.Mar. 2017Mar. 2016% Var.Sales52.4152.67 0 188.28179.09 5 OPM %14.7917.79 -16.6315.24 - PBDT6.568.10 -19 26.7620.89 28 PBT3.474.93 -30 14.188.38 69 NP4.883.19 53 11.855.48 116

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(This story has not been edited by Business Standard staff and is auto-generated from a syndicated feed.)

First Published: Thu, May 25 2017. 13:00 IST
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