Precision Wires India standalone net profit rises 39.72% in the March 2017 quarter

Sales rise 18.30% to Rs 247.94 crore

Net profit of Precision Wires India rose 39.72% to Rs 6.93 crore in the quarter ended March 2017 as against Rs 4.96 crore during the previous quarter ended March 2016. Sales rose 18.30% to Rs 247.94 crore in the quarter ended March 2017 as against Rs 209.58 crore during the previous quarter ended March 2016.

For the full year,net profit rose 29.42% to Rs 22.04 crore in the year ended March 2017 as against Rs 17.03 crore during the previous year ended March 2016. Sales rose 4.82% to Rs 884.15 crore in the year ended March 2017 as against Rs 843.49 crore during the previous year ended March 2016.

ParticularsQuarter EndedYear EndedMar. 2017Mar. 2016% Var.Mar. 2017Mar. 2016% Var.Sales247.94209.58 18 884.15843.49 5 OPM %6.266.70 -6.306.30 - PBDT13.2811.42 16 46.9242.37 11 PBT9.677.46 30 32.7426.60 23 NP6.934.96 40 22.0417.03 29

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