Galaxy Bearings standalone net profit declines 5.16% in the March 2017 quarter

Sales rise 25.74% to Rs 14.51 crore

Net profit of Galaxy Bearings declined 5.16% to Rs 1.47 crore in the quarter ended March 2017 as against Rs 1.55 crore during the previous quarter ended March 2016. Sales rose 25.74% to Rs 14.51 crore in the quarter ended March 2017 as against Rs 11.54 crore during the previous quarter ended March 2016.

For the full year,net profit rose 83.75% to Rs 2.94 crore in the year ended March 2017 as against Rs 1.60 crore during the previous year ended March 2016. Sales rose 13.87% to Rs 41.78 crore in the year ended March 2017 as against Rs 36.69 crore during the previous year ended March 2016.

ParticularsQuarter EndedYear EndedMar. 2017Mar. 2016% Var.Mar. 2017Mar. 2016% Var.Sales14.5111.54 26 41.7836.69 14 OPM %20.6823.05 -13.0912.97 - PBDT2.532.56 -1 5.813.73 56 PBT2.182.35 -7 4.442.57 73 NP1.471.55 -5 2.941.60 84

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