Competent Automobiles standalone net profit declines 36.80% in the March 2017 quarter

Sales rise 23.13% to Rs 328.10 crore

Net profit of Competent Automobiles declined 36.80% to Rs 2.61 crore in the quarter ended March 2017 as against Rs 4.13 crore during the previous quarter ended March 2016. Sales rose 23.13% to Rs 328.10 crore in the quarter ended March 2017 as against Rs 266.47 crore during the previous quarter ended March 2016.

For the full year,net profit declined 5.53% to Rs 12.12 crore in the year ended March 2017 as against Rs 12.83 crore during the previous year ended March 2016. Sales rose 19.13% to Rs 1242.98 crore in the year ended March 2017 as against Rs 1043.36 crore during the previous year ended March 2016.

ParticularsQuarter EndedYear EndedMar. 2017Mar. 2016% Var.Mar. 2017Mar. 2016% Var.Sales328.10266.47 23 1242.981043.36 19 OPM %3.193.23 -2.792.81 - PBDT9.107.47 22 26.7923.56 14 PBT7.445.78 29 21.5518.78 15 NP2.614.13 -37 12.1212.83 -6

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