GNA Axles standalone net profit declines 16.76% in the March 2017 quarter

Sales decline 5.31% to Rs 126.32 crore

Net profit of GNA Axles declined 16.76% to Rs 6.11 crore in the quarter ended March 2017 as against Rs 7.34 crore during the previous quarter ended March 2016. Sales declined 5.31% to Rs 126.32 crore in the quarter ended March 2017 as against Rs 133.41 crore during the previous quarter ended March 2016.

For the full year,net profit rose 14.02% to Rs 29.60 crore in the year ended March 2017 as against Rs 25.96 crore during the previous year ended March 2016. Sales rose 0.96% to Rs 513.41 crore in the year ended March 2017 as against Rs 508.52 crore during the previous year ended March 2016.

ParticularsQuarter EndedYear EndedMar. 2017Mar. 2016% Var.Mar. 2017Mar. 2016% Var.Sales126.32133.41 -5 513.41508.52 1 OPM %13.4317.02 -15.6716.19 - PBDT16.5119.63 -16 70.8366.48 7 PBT10.6211.31 -6 46.8939.31 19 NP6.117.34 -17 29.6025.96 14

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