Maithan Alloys standalone net profit rises 121.04% in the March 2017 quarter

Sales decline 8.62% to Rs 471.12 crore

Net profit of Maithan Alloys rose 121.04% to Rs 102.41 crore in the quarter ended March 2017 as against Rs 46.33 crore during the previous quarter ended March 2016. Sales declined 8.62% to Rs 471.12 crore in the quarter ended March 2017 as against Rs 515.57 crore during the previous quarter ended March 2016.

For the full year,net profit rose 150.15% to Rs 197.69 crore in the year ended March 2017 as against Rs 79.03 crore during the previous year ended March 2016. Sales rose 15.95% to Rs 1321.45 crore in the year ended March 2017 as against Rs 1139.66 crore during the previous year ended March 2016.

ParticularsQuarter EndedYear EndedMar. 2017Mar. 2016% Var.Mar. 2017Mar. 2016% Var.Sales471.12515.57 -9 1321.451139.66 16 OPM %30.8215.97 -20.9211.16 - PBDT144.8874.41 95 287.51119.02 142 PBT138.5154.16 156 262.2895.73 174 NP102.4146.33 121 197.6979.03 150

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