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Menon Bearings standalone net profit declines 0.78% in the March 2019 quarter

Capital Market 

Sales rise 3.02% to Rs 39.87 crore

Net profit of Menon Bearings declined 0.78% to Rs 5.07 crore in the quarter ended March 2019 as against Rs 5.11 crore during the previous quarter ended March 2018. Sales rose 3.02% to Rs 39.87 crore in the quarter ended March 2019 as against Rs 38.70 crore during the previous quarter ended March 2018.

For the full year,net profit rose 20.08% to Rs 25.30 crore in the year ended March 2019 as against Rs 21.07 crore during the previous year ended March 2018. Sales rose 19.35% to Rs 172.89 crore in the year ended March 2019 as against Rs 144.86 crore during the previous year ended March 2018.

ParticularsQuarter EndedYear EndedMar. 2019Mar. 2018% Var.Mar. 2019Mar. 2018% Var.Sales39.8738.70 3 172.89144.86 19 OPM %24.9624.21 -24.2625.14 - PBDT9.249.40 -2 40.9336.41 12 PBT7.578.44 -10 36.1132.33 12 NP5.075.11 -1 25.3021.07 20

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(This story has not been edited by Business Standard staff and is auto-generated from a syndicated feed.)

First Published: Wed, April 24 2019. 08:30 IST
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