Nava Bharat Ventures consolidated net profit rises 420.48% in the March 2018 quarter

Sales rise 133.70% to Rs 884.80 crore

Net profit of Nava Bharat Ventures rose 420.48% to Rs 212.46 crore in the quarter ended March 2018 as against Rs 40.82 crore during the previous quarter ended March 2017. Sales rose 133.70% to Rs 884.80 crore in the quarter ended March 2018 as against Rs 378.61 crore during the previous quarter ended March 2017.

For the full year,net profit rose 199.35% to Rs 277.98 crore in the year ended March 2018 as against Rs 92.86 crore during the previous year ended March 2017. Sales rose 73.94% to Rs 2348.68 crore in the year ended March 2018 as against Rs 1350.30 crore during the previous year ended March 2017.

ParticularsQuarter EndedYear EndedMar. 2018Mar. 2017% Var.Mar. 2018Mar. 2017% Var.Sales884.80378.61 134 2348.681350.30 74 OPM %46.629.83 -33.7612.85 - PBDT351.2739.01 800 616.03170.74 261 PBT274.8311.65 2259 387.6280.34 382 NP212.4640.82 420 277.9892.86 199

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