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Balasore Alloys standalone net profit rises 81.37% in the September 2017 quarter

Capital Market

Sales rise 18.43% to Rs 277.46 crore

Net profit of Balasore Alloys rose 81.37% to Rs 21.51 crore in the quarter ended September 2017 as against Rs 11.86 crore during the previous quarter ended September 2016. Sales rose 18.43% to Rs 277.46 crore in the quarter ended September 2017 as against Rs 234.28 crore during the previous quarter ended September 2016. ParticularsQuarter EndedSep. 2017Sep. 2016% Var.Sales277.46234.28 18 OPM %8.6912.08 -PBDT45.2825.36 79 PBT38.0219.28 97 NP21.5111.86 81

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First Published: Dec 16 2017 | 5:45 PM IST

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