Minda Corporation standalone net profit rises 79.07% in the March 2018 quarter

Sales rise 26.54% to Rs 255.43 crore

Net profit of Minda Corporation rose 79.07% to Rs 16.51 crore in the quarter ended March 2018 as against Rs 9.22 crore during the previous quarter ended March 2017. Sales rose 26.54% to Rs 255.43 crore in the quarter ended March 2018 as against Rs 201.85 crore during the previous quarter ended March 2017.

For the full year,net profit rose 28.21% to Rs 70.08 crore in the year ended March 2018 as against Rs 54.66 crore during the previous year ended March 2017. Sales rose 20.78% to Rs 932.99 crore in the year ended March 2018 as against Rs 772.46 crore during the previous year ended March 2017.

ParticularsQuarter EndedYear EndedMar. 2018Mar. 2017% Var.Mar. 2018Mar. 2017% Var.Sales255.43201.85 27 932.99772.46 21 OPM %11.208.27 -11.3710.23 - PBDT28.7114.54 97 114.5486.29 33 PBT21.449.55 125 89.7266.78 34 NP16.519.22 79 70.0854.66 28

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