Magna Eletrocasting standalone net profit rises 1.33% in the March 2018 quarter

Sales rise 23.83% to Rs 25.72 crore

Net profit of Magna Eletrocasting rose 1.33% to Rs 2.29 crore in the quarter ended March 2018 as against Rs 2.26 crore during the previous quarter ended March 2017. Sales rose 23.83% to Rs 25.72 crore in the quarter ended March 2018 as against Rs 20.77 crore during the previous quarter ended March 2017.

For the full year,net profit declined 6.28% to Rs 6.86 crore in the year ended March 2018 as against Rs 7.32 crore during the previous year ended March 2017. Sales rose 17.90% to Rs 93.07 crore in the year ended March 2018 as against Rs 78.94 crore during the previous year ended March 2017.

ParticularsQuarter EndedYear EndedMar. 2018Mar. 2017% Var.Mar. 2018Mar. 2017% Var.Sales25.7220.77 24 93.0778.94 18 OPM %8.3617.86 -13.2618.06 - PBDT2.313.56 -35 12.4114.12 -12 PBT2.162.46 -12 7.878.91 -12 NP2.292.26 1 6.867.32 -6

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