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Maharashtra Seamless standalone net profit rises 4.46% in the March 2017 quarter

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Capital Market

Sales rise 38.99% to Rs 450.50 crore

Net profit of Maharashtra Seamless rose 4.46% to Rs 39.15 crore in the quarter ended March 2017 as against Rs 37.48 crore during the previous quarter ended March 2016. Sales rose 38.99% to Rs 450.50 crore in the quarter ended March 2017 as against Rs 324.13 crore during the previous quarter ended March 2016.

For the full year,net profit rose 362.41% to Rs 145.52 crore in the year ended March 2017 as against Rs 31.47 crore during the previous year ended March 2016. Sales rose 40.71% to Rs 1423.04 crore in the year ended March 2017 as against Rs 1011.32 crore during the previous year ended March 2016.

 
ParticularsQuarter EndedYear EndedMar. 2017Mar. 2016% Var.Mar. 2017Mar. 2016% Var.Sales450.50324.13 39 1423.041011.32 41 OPM %16.0314.73 -15.493.52 - PBDT82.5977.87 6 295.09123.71 139 PBT65.4261.29 7 225.7154.15 317 NP39.1537.48 4 145.5231.47 362

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First Published: May 26 2017 | 5:32 PM IST

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