Nava Bharat Ventures standalone net profit rises 281.07% in the March 2018 quarter

Sales rise 47.29% to Rs 408.65 crore

Net profit of Nava Bharat Ventures rose 281.07% to Rs 66.84 crore in the quarter ended March 2018 as against Rs 17.54 crore during the previous quarter ended March 2017. Sales rose 47.29% to Rs 408.65 crore in the quarter ended March 2018 as against Rs 277.44 crore during the previous quarter ended March 2017.

For the full year,net profit rose 102.96% to Rs 161.56 crore in the year ended March 2018 as against Rs 79.60 crore during the previous year ended March 2017. Sales rose 37.27% to Rs 1309.54 crore in the year ended March 2018 as against Rs 953.96 crore during the previous year ended March 2017.

ParticularsQuarter EndedYear EndedMar. 2018Mar. 2017% Var.Mar. 2018Mar. 2017% Var.Sales408.65277.44 47 1309.54953.96 37 OPM %24.9811.26 -18.5915.24 - PBDT112.3638.77 190 274.58159.64 72 PBT101.1326.28 285 237.15122.56 93 NP66.8417.54 281 161.5679.60 103

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