Vardhman Special Steels standalone net profit rises 52.43% in the March 2018 quarter

Sales rise 33.68% to Rs 231.36 crore

Net profit of Vardhman Special Steels rose 52.43% to Rs 7.21 crore in the quarter ended March 2018 as against Rs 4.73 crore during the previous quarter ended March 2017. Sales rose 33.68% to Rs 231.36 crore in the quarter ended March 2018 as against Rs 173.07 crore during the previous quarter ended March 2017.

For the full year,net profit rose 30.77% to Rs 25.03 crore in the year ended March 2018 as against Rs 19.14 crore during the previous year ended March 2017. Sales rose 27.48% to Rs 858.96 crore in the year ended March 2018 as against Rs 673.81 crore during the previous year ended March 2017.

ParticularsQuarter EndedYear EndedMar. 2018Mar. 2017% Var.Mar. 2018Mar. 2017% Var.Sales231.36173.07 34 858.96673.81 27 OPM %7.438.29 -7.218.88 - PBDT13.589.26 47 46.6037.21 25 PBT7.274.73 54 25.0919.14 31 NP7.214.73 52 25.0319.14 31

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