Sharda Motor Industries standalone net profit rises 131.79% in the March 2017 quarter

Sales rise 15.86% to Rs 287.88 crore

Net profit of Sharda Motor Industries rose 131.79% to Rs 19.47 crore in the quarter ended March 2017 as against Rs 8.40 crore during the previous quarter ended March 2016. Sales rose 15.86% to Rs 287.88 crore in the quarter ended March 2017 as against Rs 248.47 crore during the previous quarter ended March 2016.

For the full year,net profit rose 63.56% to Rs 55.97 crore in the year ended March 2017 as against Rs 34.22 crore during the previous year ended March 2016. Sales rose 12.49% to Rs 1042.61 crore in the year ended March 2017 as against Rs 926.85 crore during the previous year ended March 2016.

ParticularsQuarter EndedYear EndedMar. 2017Mar. 2016% Var.Mar. 2017Mar. 2016% Var.Sales287.88248.47 16 1042.61926.85 12 OPM %12.208.75 -12.5710.39 - PBDT36.4524.88 47 134.9698.23 37 PBT25.1313.39 88 85.1754.01 58 NP19.478.40 132 55.9734.22 64

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