Minda Industries standalone net profit declines 9.34% in the March 2017 quarter

Sales rise 5.02% to Rs 399.64 crore

Net profit of Minda Industries declined 9.34% to Rs 20.19 crore in the quarter ended March 2017 as against Rs 22.27 crore during the previous quarter ended March 2016. Sales rose 5.02% to Rs 399.64 crore in the quarter ended March 2017 as against Rs 380.55 crore during the previous quarter ended March 2016.

For the full year,net profit rose 19.47% to Rs 94.82 crore in the year ended March 2017 as against Rs 79.37 crore during the previous year ended March 2016. Sales rose 11.62% to Rs 1639.45 crore in the year ended March 2017 as against Rs 1468.74 crore during the previous year ended March 2016.

ParticularsQuarter EndedYear EndedMar. 2017Mar. 2016% Var.Mar. 2017Mar. 2016% Var.Sales399.64380.55 5 1639.451468.74 12 OPM %9.289.71 -9.529.50 - PBDT35.7640.92 -13 166.94151.62 10 PBT22.7025.63 -11 118.9998.84 20 NP20.1922.27 -9 94.8279.37 19

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