Minda Industries consolidated net profit rises 35.79% in the March 2017 quarter

Sales rise 32.17% to Rs 948.05 crore

Net profit of Minda Industries rose 35.79% to Rs 57.78 crore in the quarter ended March 2017 as against Rs 42.55 crore during the previous quarter ended March 2016. Sales rose 32.17% to Rs 948.05 crore in the quarter ended March 2017 as against Rs 717.32 crore during the previous quarter ended March 2016.

For the full year,net profit rose 51.23% to Rs 168.08 crore in the year ended March 2017 as against Rs 111.14 crore during the previous year ended March 2016. Sales rose 38.68% to Rs 3505.03 crore in the year ended March 2017 as against Rs 2527.34 crore during the previous year ended March 2016.

ParticularsQuarter EndedYear EndedMar. 2017Mar. 2016% Var.Mar. 2017Mar. 2016% Var.Sales948.05717.32 32 3505.032527.34 39 OPM %11.6911.36 -10.949.41 - PBDT107.2577.90 38 358.12226.12 58 PBT71.2349.70 43 222.45133.50 67 NP57.7842.55 36 168.08111.14 51

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