NESCO standalone net profit declines 14.82% in the March 2017 quarter

Sales rise 7.46% to Rs 77.64 crore

Net profit of NESCO declined 14.82% to Rs 34.48 crore in the quarter ended March 2017 as against Rs 40.48 crore during the previous quarter ended March 2016. Sales rose 7.46% to Rs 77.64 crore in the quarter ended March 2017 as against Rs 72.25 crore during the previous quarter ended March 2016.

For the full year,net profit rose 17.54% to Rs 169.42 crore in the year ended March 2017 as against Rs 144.14 crore during the previous year ended March 2016. Sales rose 17.03% to Rs 305.75 crore in the year ended March 2017 as against Rs 261.25 crore during the previous year ended March 2016.

 

ParticularsQuarter EndedYear EndedMar. 2017Mar. 2016% Var.Mar. 2017Mar. 2016% Var.Sales77.6472.25 7 305.75261.25 17 OPM %53.7768.29 -69.9672.15 - PBDT51.0458.27 -12 251.85217.43 16 PBT48.5656.48 -14 243.72210.73 16 NP34.4840.48 -15 169.42144.14 18

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