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Timken India standalone net profit rises 59.79% in the March 2016 quarter

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Capital Market

Sales rise 17.25% to Rs 271.88 crore

Net profit of Timken India rose 59.79% to Rs 27.50 crore in the quarter ended March 2016 as against Rs 17.21 crore during the previous quarter ended March 2015. Sales rose 17.25% to Rs 271.88 crore in the quarter ended March 2016 as against Rs 231.89 crore during the previous quarter ended March 2015.

For the full year,net profit rose 13.91% to Rs 91.91 crore in the year ended March 2016 as against Rs 80.69 crore during the previous year ended March 2015. Sales rose 14.34% to Rs 1047.86 crore in the year ended March 2016 as against Rs 916.44 crore during the previous year ended March 2015.

 
ParticularsQuarter EndedYear EndedMar. 2016Mar. 2015% Var.Mar. 2016Mar. 2015% Var.Sales271.88231.89 17 1047.86916.44 14 OPM %18.0313.41 -15.2214.59 - PBDT49.2331.34 57 164.24139.08 18 PBT42.0627.09 55 141.79122.32 16 NP27.5017.21 60 91.9180.69 14

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First Published: May 20 2016 | 5:15 PM IST

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