Techno Electric & Engineering Company consolidated net profit rises 309.99% in the March 2017 quarter

Sales rise 9.10% to Rs 355.44 crore

Net profit of Techno Electric & Engineering Company rose 309.99% to Rs 33.25 crore in the quarter ended March 2017 as against Rs 8.11 crore during the previous quarter ended March 2016. Sales rose 9.10% to Rs 355.44 crore in the quarter ended March 2017 as against Rs 325.80 crore during the previous quarter ended March 2016.

For the full year,net profit rose 60.54% to Rs 192.74 crore in the year ended March 2017 as against Rs 120.06 crore during the previous year ended March 2016. Sales rose 22.74% to Rs 1339.13 crore in the year ended March 2017 as against Rs 1091.03 crore during the previous year ended March 2016.

ParticularsQuarter EndedYear EndedMar. 2017Mar. 2016% Var.Mar. 2017Mar. 2016% Var.Sales355.44325.80 9 1339.131091.03 23 OPM %15.3115.91 -23.3420.22 - PBDT77.2350.42 53 324.32213.82 52 PBT66.2536.47 82 273.53164.41 66 NP33.258.11 310 192.74120.06 61

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