Menon Bearings standalone net profit declines 11.28% in the March 2018 quarter

Sales rise 21.93% to Rs 38.70 crore

Net profit of Menon Bearings declined 11.28% to Rs 5.11 crore in the quarter ended March 2018 as against Rs 5.76 crore during the previous quarter ended March 2017. Sales rose 21.93% to Rs 38.70 crore in the quarter ended March 2018 as against Rs 31.74 crore during the previous quarter ended March 2017.

For the full year,net profit rose 10.31% to Rs 21.07 crore in the year ended March 2018 as against Rs 19.10 crore during the previous year ended March 2017. Sales rose 17.97% to Rs 144.86 crore in the year ended March 2018 as against Rs 122.79 crore during the previous year ended March 2017.

ParticularsQuarter EndedYear EndedMar. 2018Mar. 2017% Var.Mar. 2018Mar. 2017% Var.Sales38.7031.74 22 144.86122.79 18 OPM %24.2125.46 -25.1426.39 - PBDT9.407.97 18 36.4132.67 11 PBT8.447.08 19 32.3327.54 17 NP5.115.76 -11 21.0719.10 10

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