Rural Electrification Corporation standalone net profit rises 13.72% in the March 2017 quarter

Sales decline 4.95% to Rs 5717.39 crore

Net profit of Rural Electrification Corporation rose 13.72% to Rs 1319.23 crore in the quarter ended March 2017 as against Rs 1160.03 crore during the previous quarter ended March 2016. Sales declined 4.95% to Rs 5717.39 crore in the quarter ended March 2017 as against Rs 6015.38 crore during the previous quarter ended March 2016.

For the full year,net profit rose 10.98% to Rs 6245.76 crore in the year ended March 2017 as against Rs 5627.66 crore during the previous year ended March 2016. Sales declined 2.28% to Rs 22935.61 crore in the year ended March 2017 as against Rs 23470.66 crore during the previous year ended March 2016.

ParticularsQuarter EndedYear EndedMar. 2017Mar. 2016% Var.Mar. 2017Mar. 2016% Var.Sales5717.396015.38 -5 22935.6123470.66 -2 OPM %89.6591.55 -95.4694.65 - PBDT1888.741774.06 6 8865.748050.66 10 PBT1887.411772.69 6 8860.708045.21 10 NP1319.231160.03 14 6245.765627.66 11

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