Investment & Precision Castings standalone net profit rises 57.14% in the March 2018 quarter

Sales rise 22.70% to Rs 27.46 crore

Net profit of Investment & Precision Castings rose 57.14% to Rs 1.43 crore in the quarter ended March 2018 as against Rs 0.91 crore during the previous quarter ended March 2017. Sales rose 22.70% to Rs 27.46 crore in the quarter ended March 2018 as against Rs 22.38 crore during the previous quarter ended March 2017.

For the full year,net profit rose 89.55% to Rs 7.98 crore in the year ended March 2018 as against Rs 4.21 crore during the previous year ended March 2017. Sales rose 17.90% to Rs 105.53 crore in the year ended March 2018 as against Rs 89.51 crore during the previous year ended March 2017.

ParticularsQuarter EndedYear EndedMar. 2018Mar. 2017% Var.Mar. 2018Mar. 2017% Var.Sales27.4622.38 23 105.5389.51 18 OPM %15.6215.91 -19.7016.58 - PBDT3.522.73 29 17.1611.24 53 PBT2.121.37 55 12.026.25 92 NP1.430.91 57 7.984.21 90

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