Cubex Tubings standalone net profit rises 75.00% in the March 2017 quarter

Sales rise 40.61% to Rs 16.24 crore

Net profit of Cubex Tubings rose 75.00% to Rs 0.21 crore in the quarter ended March 2017 as against Rs 0.12 crore during the previous quarter ended March 2016. Sales rose 40.61% to Rs 16.24 crore in the quarter ended March 2017 as against Rs 11.55 crore during the previous quarter ended March 2016.

For the full year,net profit rose 16.67% to Rs 0.35 crore in the year ended March 2017 as against Rs 0.30 crore during the previous year ended March 2016. Sales declined 9.31% to Rs 44.62 crore in the year ended March 2017 as against Rs 49.20 crore during the previous year ended March 2016.

ParticularsQuarter EndedYear EndedMar. 2017Mar. 2016% Var.Mar. 2017Mar. 2016% Var.Sales16.2411.55 41 44.6249.20 -9 OPM %-1.91-3.55 -0.160.63 - PBDT0.720.61 18 1.931.98 -3 PBT0.280.23 22 0.460.46 0 NP0.210.12 75 0.350.30 17

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