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Sharda Motor Industries standalone net profit rises 13.80% in the March 2018 quarter

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Capital Market

Sales rise 9.13% to Rs 313.39 crore

Net profit of Sharda Motor Industries rose 13.80% to Rs 22.51 crore in the quarter ended March 2018 as against Rs 19.78 crore during the previous quarter ended March 2017. Sales rose 9.13% to Rs 313.39 crore in the quarter ended March 2018 as against Rs 287.16 crore during the previous quarter ended March 2017.

For the full year,net profit rose 38.52% to Rs 78.61 crore in the year ended March 2018 as against Rs 56.75 crore during the previous year ended March 2017. Sales rose 10.90% to Rs 1155.45 crore in the year ended March 2018 as against Rs 1041.89 crore during the previous year ended March 2017.

 
ParticularsQuarter EndedYear EndedMar. 2018Mar. 2017% Var.Mar. 2018Mar. 2017% Var.Sales313.39287.16 9 1155.451041.89 11 OPM %13.8311.94 -12.5912.46 - PBDT46.6036.84 26 161.12136.07 18 PBT35.3925.52 39 117.3486.28 36 NP22.5119.78 14 78.6156.75 39

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First Published: May 26 2018 | 5:46 PM IST

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