Garware-Wall Ropes consolidated net profit rises 40.80% in the March 2016 quarter

Sales decline 5.42% to Rs 186.16 crore

Net profit of Garware-Wall Ropes rose 40.80% to Rs 17.29 crore in the quarter ended March 2016 as against Rs 12.28 crore during the previous quarter ended March 2015. Sales declined 5.42% to Rs 186.16 crore in the quarter ended March 2016 as against Rs 196.83 crore during the previous quarter ended March 2015.

For the full year,net profit rose 43.55% to Rs 61.90 crore in the year ended March 2016 as against Rs 43.12 crore during the previous year ended March 2015. Sales rose 5.44% to Rs 824.82 crore in the year ended March 2016 as against Rs 782.23 crore during the previous year ended March 2015.

ParticularsQuarter EndedYear EndedMar. 2016Mar. 2015% Var.Mar. 2016Mar. 2015% Var.Sales186.16196.83 -5 824.82782.23 5 OPM %15.2811.54 -12.7810.41 - PBDT27.7019.90 39 100.2472.99 37 PBT24.2716.93 43 87.1460.61 44 NP17.2912.28 41 61.9043.12 44

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