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Cords Cable Industries standalone net profit rises 28.24% in the March 2017 quarter

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Capital Market

Sales rise 10.99% to Rs 108.25 crore

Net profit of Cords Cable Industries rose 28.24% to Rs 2.18 crore in the quarter ended March 2017 as against Rs 1.70 crore during the previous quarter ended March 2016. Sales rose 10.99% to Rs 108.25 crore in the quarter ended March 2017 as against Rs 97.53 crore during the previous quarter ended March 2016.

For the full year,net profit rose 61.74% to Rs 5.03 crore in the year ended March 2017 as against Rs 3.11 crore during the previous year ended March 2016. Sales rose 14.15% to Rs 323.41 crore in the year ended March 2017 as against Rs 283.33 crore during the previous year ended March 2016.

 
ParticularsQuarter EndedYear EndedMar. 2017Mar. 2016% Var.Mar. 2017Mar. 2016% Var.Sales108.2597.53 11 323.41283.33 14 OPM %9.249.71 -10.1910.33 - PBDT4.604.11 12 13.1310.30 27 PBT3.422.77 23 7.684.88 57 NP2.181.70 28 5.033.11 62

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First Published: Jun 01 2017 | 3:57 PM IST

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