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Minda Industries consolidated net profit rises 181.48% in the March 2016 quarter

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Capital Market

Sales rise 31.69% to Rs 709.52 crore

Net profit of Minda Industries rose 181.48% to Rs 42.56 crore in the quarter ended March 2016 as against Rs 15.12 crore during the previous quarter ended March 2015. Sales rose 31.69% to Rs 709.52 crore in the quarter ended March 2016 as against Rs 538.77 crore during the previous quarter ended March 2015.

For the full year,net profit rose 63.50% to Rs 111.13 crore in the year ended March 2016 as against Rs 67.97 crore during the previous year ended March 2015. Sales rose 13.62% to Rs 2506.15 crore in the year ended March 2016 as against Rs 2205.78 crore during the previous year ended March 2015.

 
ParticularsQuarter EndedYear EndedMar. 2016Mar. 2015% Var.Mar. 2016Mar. 2015% Var.Sales709.52538.77 32 2506.152205.78 14 OPM %11.497.07 -9.497.00 - PBDT77.9138.28 104 226.13146.32 55 PBT49.7016.22 206 133.5162.83 112 NP42.5615.12 181 111.1367.97 63

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First Published: May 23 2016 | 12:20 PM IST

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