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Steel Strips Wheels standalone net profit rises 62.24% in the December 2015 quarter

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Capital Market

Sales rise 5.45% to Rs 281.19 crore

Net profit of Steel Strips Wheels rose 62.24% to Rs 15.51 crore in the quarter ended December 2015 as against Rs 9.56 crore during the previous quarter ended December 2014. Sales rose 5.45% to Rs 281.19 crore in the quarter ended December 2015 as against Rs 266.65 crore during the previous quarter ended December 2014. ParticularsQuarter EndedDec. 2015Dec. 2014% Var.Sales281.19266.65 5 OPM %13.268.95 -PBDT32.2920.32 59 PBT21.2011.76 80 NP15.519.56 62

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First Published: Jan 18 2016 | 2:19 PM IST

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