Electrosteel Castings standalone net profit rises 104.88% in the March 2018 quarter

Sales rise 9.79% to Rs 540.10 crore

Net profit of Electrosteel Castings rose 104.88% to Rs 22.66 crore in the quarter ended March 2018 as against Rs 11.06 crore during the previous quarter ended March 2017. Sales rose 9.79% to Rs 540.10 crore in the quarter ended March 2018 as against Rs 491.94 crore during the previous quarter ended March 2017.

For the full year,net profit declined 39.20% to Rs 46.99 crore in the year ended March 2018 as against Rs 77.28 crore during the previous year ended March 2017. Sales rose 6.09% to Rs 1943.66 crore in the year ended March 2018 as against Rs 1832.08 crore during the previous year ended March 2017.

ParticularsQuarter EndedYear EndedMar. 2018Mar. 2017% Var.Mar. 2018Mar. 2017% Var.Sales540.10491.94 10 1943.661832.08 6 OPM %12.037.97 -11.5915.08 - PBDT25.7729.27 -12 102.81172.18 -40 PBT11.8112.71 -7 43.59108.49 -60 NP22.6611.06 105 46.9977.28 -39

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