Rico Auto Industries standalone net profit rises 41.92% in the March 2017 quarter

Sales decline 1.36% to Rs 236.43 crore

Net profit of Rico Auto Industries rose 41.92% to Rs 7.38 crore in the quarter ended March 2017 as against Rs 5.20 crore during the previous quarter ended March 2016. Sales declined 1.36% to Rs 236.43 crore in the quarter ended March 2017 as against Rs 239.68 crore during the previous quarter ended March 2016.

For the full year,net profit rose 57.33% to Rs 42.59 crore in the year ended March 2017 as against Rs 27.07 crore during the previous year ended March 2016. Sales rose 5.17% to Rs 954.45 crore in the year ended March 2017 as against Rs 907.50 crore during the previous year ended March 2016.

ParticularsQuarter EndedYear EndedMar. 2017Mar. 2016% Var.Mar. 2017Mar. 2016% Var.Sales236.43239.68 -1 954.45907.50 5 OPM %7.126.35 -9.458.23 - PBDT17.5415.62 12 89.8473.42 22 PBT9.727.25 34 54.3138.03 43 NP7.385.20 42 42.5927.07 57

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