Cranex standalone net profit rises 518.18% in the March 2017 quarter

Sales decline 12.11% to Rs 10.74 crore

Net profit of Cranex rose 518.18% to Rs 0.68 crore in the quarter ended March 2017 as against Rs 0.11 crore during the previous quarter ended March 2016. Sales declined 12.11% to Rs 10.74 crore in the quarter ended March 2017 as against Rs 12.22 crore during the previous quarter ended March 2016.

For the full year,net profit rose 29.82% to Rs 0.74 crore in the year ended March 2017 as against Rs 0.57 crore during the previous year ended March 2016. Sales rose 5.01% to Rs 22.83 crore in the year ended March 2017 as against Rs 21.74 crore during the previous year ended March 2016.

ParticularsQuarter EndedYear EndedMar. 2017Mar. 2016% Var.Mar. 2017Mar. 2016% Var.Sales10.7412.22 -12 22.8321.74 5 OPM %11.644.91 -6.575.57 - PBDT1.050.16 556 1.210.92 32 PBT1.000.11 809 1.060.77 38 NP0.680.11 518 0.740.57 30

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