Titagarh Wagons reports standalone net profit of Rs 7.01 crore in the March 2017 quarter

Sales rise 31.08% to Rs 98.35 crore

Net profit of Titagarh Wagons reported to Rs 7.01 crore in the quarter ended March 2017 as against net loss of Rs 9.79 crore during the previous quarter ended March 2016. Sales rose 31.08% to Rs 98.35 crore in the quarter ended March 2017 as against Rs 75.03 crore during the previous quarter ended March 2016.

For the full year,net profit reported to Rs 19.28 crore in the year ended March 2017 as against net loss of Rs 8.98 crore during the previous year ended March 2016. Sales rose 12.10% to Rs 349.18 crore in the year ended March 2017 as against Rs 311.48 crore during the previous year ended March 2016.

ParticularsQuarter EndedYear EndedMar. 2017Mar. 2016% Var.Mar. 2017Mar. 2016% Var.Sales98.3575.03 31 349.18311.48 12 OPM %4.401.32 -5.14-1.11 - PBDT12.458.59 45 37.8717.76 113 PBT8.044.63 74 26.315.63 367 NP7.01-9.79 LP 19.28-8.98 LP

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