Pradeep Metals standalone net profit rises 57.24% in the March 2018 quarter

Sales rise 19.40% to Rs 40.38 crore

Net profit of Pradeep Metals rose 57.24% to Rs 2.39 crore in the quarter ended March 2018 as against Rs 1.52 crore during the previous quarter ended March 2017. Sales rose 19.40% to Rs 40.38 crore in the quarter ended March 2018 as against Rs 33.82 crore during the previous quarter ended March 2017.

For the full year,net profit rose 59.03% to Rs 8.19 crore in the year ended March 2018 as against Rs 5.15 crore during the previous year ended March 2017. Sales rose 16.92% to Rs 141.90 crore in the year ended March 2018 as against Rs 121.36 crore during the previous year ended March 2017.

ParticularsQuarter EndedYear EndedMar. 2018Mar. 2017% Var.Mar. 2018Mar. 2017% Var.Sales40.3833.82 19 141.90121.36 17 OPM %14.399.99 -13.6712.85 - PBDT4.553.87 18 15.8812.11 31 PBT3.472.77 25 11.727.79 50 NP2.391.52 57 8.195.15 59

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