Minda Industries standalone net profit rises 843.64% in the March 2016 quarter

Sales rise 7.80% to Rs 374.31 crore

Net profit of Minda Industries rose 843.64% to Rs 22.27 crore in the quarter ended March 2016 as against Rs 2.36 crore during the previous quarter ended March 2015. Sales rose 7.80% to Rs 374.31 crore in the quarter ended March 2016 as against Rs 347.23 crore during the previous quarter ended March 2015.

For the full year,net profit rose 49.21% to Rs 79.38 crore in the year ended March 2016 as against Rs 53.20 crore during the previous year ended March 2015. Sales rose 7.01% to Rs 1447.36 crore in the year ended March 2016 as against Rs 1352.51 crore during the previous year ended March 2015.

ParticularsQuarter EndedYear EndedMar. 2016Mar. 2015% Var.Mar. 2016Mar. 2015% Var.Sales374.31347.23 8 1447.361352.51 7 OPM %9.877.94 -9.648.39 - PBDT40.9232.04 28 151.63119.53 27 PBT25.6316.80 53 98.8565.82 50 NP22.272.36 844 79.3853.20 49

Powered by Capital Market - Live News