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Solar Industries India standalone net profit rises 10.00% in the March 2017 quarter

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Capital Market

Sales rise 15.27% to Rs 343.13 crore

Net profit of Solar Industries India rose 10.00% to Rs 34.21 crore in the quarter ended March 2017 as against Rs 31.10 crore during the previous quarter ended March 2016. Sales rose 15.27% to Rs 343.13 crore in the quarter ended March 2017 as against Rs 297.68 crore during the previous quarter ended March 2016.

For the full year,net profit rose 21.79% to Rs 132.58 crore in the year ended March 2017 as against Rs 108.86 crore during the previous year ended March 2016. Sales rose 11.90% to Rs 1137.31 crore in the year ended March 2017 as against Rs 1016.36 crore during the previous year ended March 2016.

 
ParticularsQuarter EndedYear EndedMar. 2017Mar. 2016% Var.Mar. 2017Mar. 2016% Var.Sales343.13297.68 15 1137.311016.36 12 OPM %18.6718.09 -19.0718.13 - PBDT64.2160.83 6 216.43190.40 14 PBT59.1556.44 5 197.15172.68 14 NP34.2131.10 10 132.58108.86 22

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First Published: May 30 2017 | 3:23 PM IST

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