Escorts standalone net profit rises 223.79% in the March 2017 quarter

Sales rise 29.64% to Rs 1022.31 crore

Net profit of Escorts rose 223.79% to Rs 59.48 crore in the quarter ended March 2017 as against Rs 18.37 crore during the previous quarter ended March 2016. Sales rose 29.64% to Rs 1022.31 crore in the quarter ended March 2017 as against Rs 788.55 crore during the previous quarter ended March 2016.

For the full year,net profit rose 91.57% to Rs 160.44 crore in the year ended March 2017 as against Rs 83.75 crore during the previous year ended March 2016. Sales rose 21.58% to Rs 4093.16 crore in the year ended March 2017 as against Rs 3366.76 crore during the previous year ended March 2016.

ParticularsQuarter EndedYear EndedMar. 2017Mar. 2016% Var.Mar. 2017Mar. 2016% Var.Sales1022.31788.55 30 4093.163366.76 22 OPM %7.275.15 -6.914.75 - PBDT81.8243.90 86 295.36166.04 78 PBT65.0930.83 111 232.29108.54 114 NP59.4818.37 224 160.4483.75 92

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