Transport Corporation of India standalone net profit declines 26.40% in the March 2017 quarter

Sales rise 14.52% to Rs 481.63 crore

Net profit of Transport Corporation of India declined 26.40% to Rs 18.54 crore in the quarter ended March 2017 as against Rs 25.19 crore during the previous quarter ended March 2016. Sales rose 14.52% to Rs 481.63 crore in the quarter ended March 2017 as against Rs 420.55 crore during the previous quarter ended March 2016.

For the full year,net profit declined 22.49% to Rs 70.26 crore in the year ended March 2017 as against Rs 90.65 crore during the previous year ended March 2016. Sales rose 12.86% to Rs 1804.26 crore in the year ended March 2017 as against Rs 1598.68 crore during the previous year ended March 2016.

 

ParticularsQuarter EndedYear EndedMar. 2017Mar. 2016% Var.Mar. 2017Mar. 2016% Var.Sales481.63420.55 15 1804.261598.68 13 OPM %8.179.18 -8.668.32 - PBDT39.3935.66 10 146.56125.39 17 PBT24.5621.00 17 88.7574.68 19 NP18.5425.19 -26 70.2690.65 -22

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