Minda Corporation consolidated net profit rises 136.95% in the March 2018 quarter

Sales rise 39.90% to Rs 720.52 crore

Net profit of Minda Corporation rose 136.95% to Rs 38.67 crore in the quarter ended March 2018 as against Rs 16.32 crore during the previous quarter ended March 2017. Sales rose 39.90% to Rs 720.52 crore in the quarter ended March 2018 as against Rs 515.03 crore during the previous quarter ended March 2017.

For the full year,net profit rose 38.73% to Rs 141.66 crore in the year ended March 2018 as against Rs 102.11 crore during the previous year ended March 2017. Sales rose 25.91% to Rs 2593.44 crore in the year ended March 2018 as against Rs 2059.77 crore during the previous year ended March 2017.

ParticularsQuarter EndedYear EndedMar. 2018Mar. 2017% Var.Mar. 2018Mar. 2017% Var.Sales720.52515.03 40 2593.442059.77 26 OPM %10.705.71 -10.528.50 - PBDT75.3632.69 131 265.13188.59 41 PBT55.7918.50 202 191.29130.89 46 NP38.6716.32 137 141.66102.11 39

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