Wheels India standalone net profit rises 8.43% in the March 2017 quarter

Sales rise 9.69% to Rs 556.73 crore

Net profit of Wheels India rose 8.43% to Rs 18.40 crore in the quarter ended March 2017 as against Rs 16.97 crore during the previous quarter ended March 2016. Sales rose 9.69% to Rs 556.73 crore in the quarter ended March 2017 as against Rs 507.54 crore during the previous quarter ended March 2016.

For the full year,net profit rose 48.31% to Rs 59.31 crore in the year ended March 2017 as against Rs 39.99 crore during the previous year ended March 2016. Sales rose 9.34% to Rs 2172.87 crore in the year ended March 2017 as against Rs 1987.24 crore during the previous year ended March 2016.

ParticularsQuarter EndedYear EndedMar. 2017Mar. 2016% Var.Mar. 2017Mar. 2016% Var.Sales556.73507.54 10 2172.871987.24 9 OPM %8.839.86 -8.608.68 - PBDT37.5937.86 -1 142.19116.78 22 PBT21.0022.39 -6 78.2756.33 39 NP18.4016.97 8 59.3139.99 48

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