Texmaco Rail & Engineering standalone net profit declines 69.78% in the March 2017 quarter

Sales decline 23.66% to Rs 279.47 crore

Net profit of Texmaco Rail & Engineering declined 69.78% to Rs 5.93 crore in the quarter ended March 2017 as against Rs 19.62 crore during the previous quarter ended March 2016. Sales declined 23.66% to Rs 279.47 crore in the quarter ended March 2017 as against Rs 366.10 crore during the previous quarter ended March 2016.

For the full year,net profit rose 23.42% to Rs 33.57 crore in the year ended March 2017 as against Rs 27.20 crore during the previous year ended March 2016. Sales rose 7.23% to Rs 1154.52 crore in the year ended March 2017 as against Rs 1076.64 crore during the previous year ended March 2016.

ParticularsQuarter EndedYear EndedMar. 2017Mar. 2016% Var.Mar. 2017Mar. 2016% Var.Sales279.47366.10 -24 1154.521076.64 7 OPM %4.687.84 -5.064.71 - PBDT10.0030.40 -67 58.1748.69 19 PBT5.8626.56 -78 42.0134.14 23 NP5.9319.62 -70 33.5727.20 23

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