Tube Investments of India consolidated net profit declines 25.37% in the March 2018 quarter

Sales rise 2.64% to Rs 1144.40 crore

Net profit of Tube Investments of India declined 25.37% to Rs 39.32 crore in the quarter ended March 2018 as against Rs 52.69 crore during the previous quarter ended March 2017. Sales rose 2.64% to Rs 1144.40 crore in the quarter ended March 2018 as against Rs 1114.94 crore during the previous quarter ended March 2017.

For the full year,net profit declined 10.81% to Rs 155.51 crore in the year ended March 2018 as against Rs 174.35 crore during the previous year ended March 2017. Sales rose 11.08% to Rs 4751.48 crore in the year ended March 2018 as against Rs 4277.45 crore during the previous year ended March 2017.

ParticularsQuarter EndedYear EndedMar. 2018Mar. 2017% Var.Mar. 2018Mar. 2017% Var.Sales1144.401114.94 3 4751.484277.45 11 OPM %7.717.96 -8.309.25 - PBDT83.5484.43 -1 370.63370.00 0 PBT45.4244.67 2 217.09221.10 -2 NP39.3252.69 -25 155.51174.35 -11

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