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Bimetal Bearings standalone net profit rises 23.68% in the June 2016 quarter

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Capital Market

Sales decline 2.13% to Rs 34.97 crore

Net profit of Bimetal Bearings rose 23.68% to Rs 1.41 crore in the quarter ended June 2016 as against Rs 1.14 crore during the previous quarter ended June 2015. Sales declined 2.13% to Rs 34.97 crore in the quarter ended June 2016 as against Rs 35.73 crore during the previous quarter ended June 2015. ParticularsQuarter EndedJun. 2016Jun. 2015% Var.Sales34.9735.73 -2 OPM %5.124.62 -PBDT2.932.83 4 PBT2.001.74 15 NP1.411.14 24

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First Published: Sep 02 2016 | 3:57 PM IST

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