Nelcast standalone net profit rises 19.14% in the March 2018 quarter

Sales rise 60.54% to Rs 212.92 crore

Net profit of Nelcast rose 19.14% to Rs 10.27 crore in the quarter ended March 2018 as against Rs 8.62 crore during the previous quarter ended March 2017. Sales rose 60.54% to Rs 212.92 crore in the quarter ended March 2018 as against Rs 132.63 crore during the previous quarter ended March 2017.

For the full year,net profit rose 12.17% to Rs 38.26 crore in the year ended March 2018 as against Rs 34.11 crore during the previous year ended March 2017. Sales rose 29.58% to Rs 744.54 crore in the year ended March 2018 as against Rs 574.56 crore during the previous year ended March 2017.

ParticularsQuarter EndedYear EndedMar. 2018Mar. 2017% Var.Mar. 2018Mar. 2017% Var.Sales212.92132.63 61 744.54574.56 30 OPM %8.8410.16 -9.6111.18 - PBDT19.8915.41 29 72.9662.62 17 PBT15.9212.07 32 57.0349.20 16 NP10.278.62 19 38.2634.11 12

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