Hira Automobile standalone net profit rises 40.00% in the March 2017 quarter

Sales decline 16.28% to Rs 79.42 crore

Net profit of Hira Automobile rose 40.00% to Rs 0.28 crore in the quarter ended March 2017 as against Rs 0.20 crore during the previous quarter ended March 2016. Sales declined 16.28% to Rs 79.42 crore in the quarter ended March 2017 as against Rs 94.86 crore during the previous quarter ended March 2016.

For the full year,net profit rose 28.30% to Rs 0.68 crore in the year ended March 2017 as against Rs 0.53 crore during the previous year ended March 2016. Sales rose 3.16% to Rs 299.91 crore in the year ended March 2017 as against Rs 290.73 crore during the previous year ended March 2016.

ParticularsQuarter EndedYear EndedMar. 2017Mar. 2016% Var.Mar. 2017Mar. 2016% Var.Sales79.4294.86 -16 299.91290.73 3 OPM %1.281.98 -2.812.74 - PBDT0.870.83 5 2.712.37 14 PBT0.470.52 -10 1.141.01 13 NP0.280.20 40 0.680.53 28

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