Garware-Wall Ropes consolidated net profit rises 51.65% in the March 2018 quarter

Sales rise 11.84% to Rs 234.79 crore

Net profit of Garware-Wall Ropes rose 51.65% to Rs 29.36 crore in the quarter ended March 2018 as against Rs 19.36 crore during the previous quarter ended March 2017. Sales rose 11.84% to Rs 234.79 crore in the quarter ended March 2018 as against Rs 209.93 crore during the previous quarter ended March 2017.

For the full year,net profit rose 24.67% to Rs 105.17 crore in the year ended March 2018 as against Rs 84.36 crore during the previous year ended March 2017. Sales rose 4.58% to Rs 884.61 crore in the year ended March 2018 as against Rs 845.87 crore during the previous year ended March 2017.

ParticularsQuarter EndedYear EndedMar. 2018Mar. 2017% Var.Mar. 2018Mar. 2017% Var.Sales234.79209.93 12 884.61845.87 5 OPM %19.3817.11 -18.1416.01 - PBDT44.9832.96 36 168.43137.41 23 PBT40.9729.36 40 153.09123.24 24 NP29.3619.36 52 105.1784.36 25

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