Ramkrishna Forgings standalone net profit rises 26.82% in the March 2017 quarter

Sales rise 27.74% to Rs 288.67 crore

Net profit of Ramkrishna Forgings rose 26.82% to Rs 14.09 crore in the quarter ended March 2017 as against Rs 11.11 crore during the previous quarter ended March 2016. Sales rose 27.74% to Rs 288.67 crore in the quarter ended March 2017 as against Rs 225.99 crore during the previous quarter ended March 2016.

For the full year,net profit declined 65.31% to Rs 19.04 crore in the year ended March 2017 as against Rs 54.89 crore during the previous year ended March 2016. Sales declined 2.41% to Rs 875.51 crore in the year ended March 2017 as against Rs 897.15 crore during the previous year ended March 2016.

ParticularsQuarter EndedYear EndedMar. 2017Mar. 2016% Var.Mar. 2017Mar. 2016% Var.Sales288.67225.99 28 875.51897.15 -2 OPM %19.5219.00 -18.7919.70 - PBDT38.6128.11 37 93.91127.75 -26 PBT20.8313.16 58 24.8774.73 -67 NP14.0911.11 27 19.0454.89 -65

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