Hindustan Wires standalone net profit declines 87.79% in the March 2017 quarter

Sales rise 13.25% to Rs 1.71 crore

Net profit of Hindustan Wires declined 87.79% to Rs 0.42 crore in the quarter ended March 2017 as against Rs 3.44 crore during the previous quarter ended March 2016. Sales rose 13.25% to Rs 1.71 crore in the quarter ended March 2017 as against Rs 1.51 crore during the previous quarter ended March 2016.

For the full year,net profit declined 60.31% to Rs 2.08 crore in the year ended March 2017 as against Rs 5.24 crore during the previous year ended March 2016. Sales rose 6.61% to Rs 6.77 crore in the year ended March 2017 as against Rs 6.35 crore during the previous year ended March 2016.

ParticularsQuarter EndedYear EndedMar. 2017Mar. 2016% Var.Mar. 2017Mar. 2016% Var.Sales1.711.51 13 6.776.35 7 OPM %10.53-1.99 -16.8413.23 - PBDT0.480.55 -13 2.312.61 -11 PBT0.420.44 -5 2.082.15 -3 NP0.423.44 -88 2.085.24 -60

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