Galaxy Bearings standalone net profit declines 1.41% in the March 2018 quarter

Sales rise 19.22% to Rs 18.36 crore

Net profit of Galaxy Bearings declined 1.41% to Rs 1.40 crore in the quarter ended March 2018 as against Rs 1.42 crore during the previous quarter ended March 2017. Sales rose 19.22% to Rs 18.36 crore in the quarter ended March 2018 as against Rs 15.40 crore during the previous quarter ended March 2017.

For the full year,net profit rose 21.14% to Rs 3.61 crore in the year ended March 2018 as against Rs 2.98 crore during the previous year ended March 2017. Sales rose 20.49% to Rs 52.34 crore in the year ended March 2018 as against Rs 43.44 crore during the previous year ended March 2017.

ParticularsQuarter EndedYear EndedMar. 2018Mar. 2017% Var.Mar. 2018Mar. 2017% Var.Sales18.3615.40 19 52.3443.44 20 OPM %17.8622.73 -11.5815.75 - PBDT2.952.46 20 6.765.87 15 PBT2.562.11 21 5.574.50 24 NP1.401.42 -1 3.612.98 21

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