Rico Auto Industries consolidated net profit declines 7.88% in the March 2017 quarter

Sales rise 8.54% to Rs 274.67 crore

Net profit of Rico Auto Industries declined 7.88% to Rs 6.43 crore in the quarter ended March 2017 as against Rs 6.98 crore during the previous quarter ended March 2016. Sales rose 8.54% to Rs 274.67 crore in the quarter ended March 2017 as against Rs 253.05 crore during the previous quarter ended March 2016.

For the full year,net profit rose 63.59% to Rs 48.16 crore in the year ended March 2017 as against Rs 29.44 crore during the previous year ended March 2016. Sales rose 7.17% to Rs 1079.18 crore in the year ended March 2017 as against Rs 1006.96 crore during the previous year ended March 2016.

ParticularsQuarter EndedYear EndedMar. 2017Mar. 2016% Var.Mar. 2017Mar. 2016% Var.Sales274.67253.05 9 1079.181006.96 7 OPM %7.969.09 -10.669.79 - PBDT21.7222.29 -3 111.0592.49 20 PBT10.5911.06 -4 63.3445.76 38 NP6.436.98 -8 48.1629.44 64

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