Don’t miss the latest developments in business and finance.

The Hi-Tech Gears standalone net profit declines 50.50% in the March 2016 quarter

Image
Capital Market
Last Updated : May 27 2016 | 10:01 AM IST

Sales rise 6.26% to Rs 111.78 crore

Net profit of The Hi-Tech Gears declined 50.50% to Rs 3.46 crore in the quarter ended March 2016 as against Rs 6.99 crore during the previous quarter ended March 2015. Sales rose 6.26% to Rs 111.78 crore in the quarter ended March 2016 as against Rs 105.19 crore during the previous quarter ended March 2015.

For the full year,net profit rose 14.88% to Rs 21.16 crore in the year ended March 2016 as against Rs 18.42 crore during the previous year ended March 2015. Sales rose 4.15% to Rs 440.89 crore in the year ended March 2016 as against Rs 423.32 crore during the previous year ended March 2015.

ParticularsQuarter EndedYear EndedMar. 2016Mar. 2015% Var.Mar. 2016Mar. 2015% Var.Sales111.78105.19 6 440.89423.32 4 OPM %11.8513.97 -12.9812.39 - PBDT12.7515.06 -15 57.0051.41 11 PBT7.129.06 -21 34.2726.30 30 NP3.466.99 -51 21.1618.42 15

Powered by Capital Market - Live News

Also Read

First Published: May 27 2016 | 9:42 AM IST

Next Story