Jindal Saw standalone net profit rises 69.41% in the March 2017 quarter

Sales decline 5.78% to Rs 1723.58 crore

Net profit of Jindal Saw rose 69.41% to Rs 113.93 crore in the quarter ended March 2017 as against Rs 67.25 crore during the previous quarter ended March 2016. Sales declined 5.78% to Rs 1723.58 crore in the quarter ended March 2017 as against Rs 1829.31 crore during the previous quarter ended March 2016.

For the full year,net profit rose 39.02% to Rs 307.70 crore in the year ended March 2017 as against Rs 221.33 crore during the previous year ended March 2016. Sales declined 6.93% to Rs 5695.72 crore in the year ended March 2017 as against Rs 6119.60 crore during the previous year ended March 2016.

ParticularsQuarter EndedYear EndedMar. 2017Mar. 2016% Var.Mar. 2017Mar. 2016% Var.Sales1723.581829.31 -6 5695.726119.60 -7 OPM %12.5617.22 -15.8714.84 - PBDT239.79237.46 1 741.29617.96 20 PBT173.81177.60 -2 501.93390.76 28 NP113.9367.25 69 307.70221.33 39

Powered by Capital Market - Live News