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ABC Bearings standalone net profit rises 67.02% in the March 2016 quarter

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Capital Market

Sales rise 20.45% to Rs 52.47 crore

Net profit of ABC Bearings rose 67.02% to Rs 3.19 crore in the quarter ended March 2016 as against Rs 1.91 crore during the previous quarter ended March 2015. Sales rose 20.45% to Rs 52.47 crore in the quarter ended March 2016 as against Rs 43.56 crore during the previous quarter ended March 2015.

For the full year,net profit rose 31.10% to Rs 5.48 crore in the year ended March 2016 as against Rs 4.18 crore during the previous year ended March 2015. Sales rose 10.33% to Rs 178.15 crore in the year ended March 2016 as against Rs 161.47 crore during the previous year ended March 2015.

 
ParticularsQuarter EndedYear EndedMar. 2016Mar. 2015% Var.Mar. 2016Mar. 2015% Var.Sales52.4743.56 20 178.15161.47 10 OPM %17.8613.45 -15.3213.49 - PBDT8.104.54 78 20.8916.53 26 PBT4.931.55 218 8.384.81 74 NP3.191.91 67 5.484.18 31

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First Published: May 11 2016 | 1:41 PM IST

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