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Investment & Precision Castings standalone net profit rises 44.29% in the March 2017 quarter

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Capital Market
Last Updated : May 25 2017 | 12:01 AM IST

Sales rise 2.75% to Rs 22.38 crore

Net profit of Investment & Precision Castings rose 44.29% to Rs 1.01 crore in the quarter ended March 2017 as against Rs 0.70 crore during the previous quarter ended March 2016. Sales rose 2.75% to Rs 22.38 crore in the quarter ended March 2017 as against Rs 21.78 crore during the previous quarter ended March 2016.

For the full year,net profit rose 47.74% to Rs 4.24 crore in the year ended March 2017 as against Rs 2.87 crore during the previous year ended March 2016. Sales rose 8.51% to Rs 89.51 crore in the year ended March 2017 as against Rs 82.49 crore during the previous year ended March 2016.

ParticularsQuarter EndedYear EndedMar. 2017Mar. 2016% Var.Mar. 2017Mar. 2016% Var.Sales22.3821.78 3 89.5182.49 9 OPM %16.6216.12 -16.6815.77 - PBDT2.882.25 28 11.309.13 24 PBT1.521.10 38 6.314.47 41 NP1.010.70 44 4.242.87 48

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First Published: May 24 2017 | 4:08 PM IST

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