Shanthi Gears standalone net profit rises 10.00% in the March 2017 quarter

Sales rise 20.76% to Rs 50.20 crore

Net profit of Shanthi Gears rose 10.00% to Rs 6.16 crore in the quarter ended March 2017 as against Rs 5.60 crore during the previous quarter ended March 2016. Sales rose 20.76% to Rs 50.20 crore in the quarter ended March 2017 as against Rs 41.57 crore during the previous quarter ended March 2016.

For the full year,net profit rose 26.96% to Rs 22.51 crore in the year ended March 2017 as against Rs 17.73 crore during the previous year ended March 2016. Sales rose 11.63% to Rs 183.95 crore in the year ended March 2017 as against Rs 164.79 crore during the previous year ended March 2016.

ParticularsQuarter EndedYear EndedMar. 2017Mar. 2016% Var.Mar. 2017Mar. 2016% Var.Sales50.2041.57 21 183.95164.79 12 OPM %15.5621.22 -19.3518.59 - PBDT10.5610.99 -4 46.3339.86 16 PBT6.106.80 -10 28.5023.15 23 NP6.165.60 10 22.5117.73 27

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