Bharat Wire Ropes standalone net profit rises 14.58% in the March 2017 quarter

Sales rise 61.62% to Rs 20.30 crore

Net profit of Bharat Wire Ropes rose 14.58% to Rs 0.55 crore in the quarter ended March 2017 as against Rs 0.48 crore during the previous quarter ended March 2016. Sales rose 61.62% to Rs 20.30 crore in the quarter ended March 2017 as against Rs 12.56 crore during the previous quarter ended March 2016.

For the full year,net profit rose 22.39% to Rs 1.64 crore in the year ended March 2017 as against Rs 1.34 crore during the previous year ended March 2016. Sales rose 6.80% to Rs 64.83 crore in the year ended March 2017 as against Rs 60.70 crore during the previous year ended March 2016.

ParticularsQuarter EndedYear EndedMar. 2017Mar. 2016% Var.Mar. 2017Mar. 2016% Var.Sales20.3012.56 62 64.8360.70 7 OPM %6.9517.68 -9.5613.54 - PBDT3.431.36 152 6.914.50 54 PBT1.210.79 53 3.022.21 37 NP0.550.48 15 1.641.34 22

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