Elgi Equipments reports standalone net profit of Rs 19.11 crore in the March 2017 quarter

Sales decline 5.04% to Rs 251.95 crore

Net profit of Elgi Equipments reported to Rs 19.11 crore in the quarter ended March 2017 as against net loss of Rs 38.24 crore during the previous quarter ended March 2016. Sales declined 5.04% to Rs 251.95 crore in the quarter ended March 2017 as against Rs 265.33 crore during the previous quarter ended March 2016.

For the full year,net profit rose 628.22% to Rs 68.38 crore in the year ended March 2017 as against Rs 9.39 crore during the previous year ended March 2016. Sales rose 3.01% to Rs 891.71 crore in the year ended March 2017 as against Rs 865.62 crore during the previous year ended March 2016.

ParticularsQuarter EndedYear EndedMar. 2017Mar. 2016% Var.Mar. 2017Mar. 2016% Var.Sales251.95265.33 -5 891.71865.62 3 OPM %13.7111.18 -12.5612.85 - PBDT37.1632.45 15 125.11121.22 3 PBT27.1221.91 24 88.2784.27 5 NP19.11-38.24 LP 68.389.39 628

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