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United Drilling Tools standalone net profit declines 93.06% in the March 2017 quarter

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Capital Market

Sales decline 69.58% to Rs 5.35 crore

Net profit of United Drilling Tools declined 93.06% to Rs 0.42 crore in the quarter ended March 2017 as against Rs 6.05 crore during the previous quarter ended March 2016. Sales declined 69.58% to Rs 5.35 crore in the quarter ended March 2017 as against Rs 17.59 crore during the previous quarter ended March 2016.

For the full year,net profit rose 206.17% to Rs 20.85 crore in the year ended March 2017 as against Rs 6.81 crore during the previous year ended March 2016. Sales rose 129.13% to Rs 80.38 crore in the year ended March 2017 as against Rs 35.08 crore during the previous year ended March 2016.

 
ParticularsQuarter EndedYear EndedMar. 2017Mar. 2016% Var.Mar. 2017Mar. 2016% Var.Sales5.3517.59 -70 80.3835.08 129 OPM %35.7045.54 -33.5843.30 - PBDT1.898.37 -77 27.8215.89 75 PBT0.776.13 -87 21.206.92 206 NP0.426.05 -93 20.856.81 206

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First Published: Jun 06 2017 | 5:23 PM IST

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