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Vedavaag Systems standalone net profit rises 479.07% in the March 2017 quarter

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Capital Market

Sales rise 135.47% to Rs 41.23 crore

Net profit of Vedavaag Systems rose 479.07% to Rs 2.49 crore in the quarter ended March 2017 as against Rs 0.43 crore during the previous quarter ended March 2016. Sales rose 135.47% to Rs 41.23 crore in the quarter ended March 2017 as against Rs 17.51 crore during the previous quarter ended March 2016.

For the full year,net profit rose 68.03% to Rs 9.04 crore in the year ended March 2017 as against Rs 5.38 crore during the previous year ended March 2016. Sales rose 12.59% to Rs 94.10 crore in the year ended March 2017 as against Rs 83.58 crore during the previous year ended March 2016.

 
ParticularsQuarter EndedYear EndedMar. 2017Mar. 2016% Var.Mar. 2017Mar. 2016% Var.Sales41.2317.51 135 94.1083.58 13 OPM %10.507.08 -15.7916.30 - PBDT4.331.24 249 14.8613.62 9 PBT4.141.09 280 12.376.32 96 NP2.490.43 479 9.045.38 68

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First Published: Jun 07 2017 | 4:07 PM IST

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