Bharat Wire Ropes standalone net profit declines 90.37% in the March 2018 quarter

Sales rise 191.03% to Rs 59.08 crore

Net profit of Bharat Wire Ropes declined 90.37% to Rs 0.13 crore in the quarter ended March 2018 as against Rs 1.35 crore during the previous quarter ended March 2017. Sales rose 191.03% to Rs 59.08 crore in the quarter ended March 2018 as against Rs 20.30 crore during the previous quarter ended March 2017.

For the full year,net profit declined 89.75% to Rs 0.25 crore in the year ended March 2018 as against Rs 2.44 crore during the previous year ended March 2017. Sales rose 154.36% to Rs 164.90 crore in the year ended March 2018 as against Rs 64.83 crore during the previous year ended March 2017.

ParticularsQuarter EndedYear EndedMar. 2018Mar. 2017% Var.Mar. 2018Mar. 2017% Var.Sales59.0820.30 191 164.9064.83 154 OPM %15.406.45 -10.389.41 - PBDT3.323.33 0 12.666.81 86 PBT0.201.11 -82 0.312.92 -89 NP0.131.35 -90 0.252.44 -90

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