M M Forgings standalone net profit rises 42.20% in the March 2015 quarter

Sales rise 15.16% to Rs 123.30 crore

Net profit of M M Forgings rose 42.20% to Rs 11.12 crore in the quarter ended March 2015 as against Rs 7.82 crore during the previous quarter ended March 2014. Sales rose 15.16% to Rs 123.30 crore in the quarter ended March 2015 as against Rs 107.07 crore during the previous quarter ended March 2014.

For the full year,net profit rose 72.41% to Rs 50.55 crore in the year ended March 2015 as against Rs 29.32 crore during the previous year ended March 2014. Sales rose 22.15% to Rs 489.50 crore in the year ended March 2015 as against Rs 400.74 crore during the previous year ended March 2014.

ParticularsQuarter EndedYear EndedMar. 2015Mar. 2014% Var.Mar. 2015Mar. 2014% Var.Sales123.30107.07 15 489.50400.74 22 OPM %21.7120.78 -22.6319.70 - PBDT25.6221.09 21 104.0572.83 43 PBT17.2411.32 52 68.6736.81 87 NP11.127.82 42 50.5529.32 72

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