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Action Construction Equipments standalone net profit rises 69.43% in the March 2017 quarter

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Capital Market

Sales rise 25.40% to Rs 223.80 crore

Net profit of Action Construction Equipments rose 69.43% to Rs 7.37 crore in the quarter ended March 2017 as against Rs 4.35 crore during the previous quarter ended March 2016. Sales rose 25.40% to Rs 223.80 crore in the quarter ended March 2017 as against Rs 178.47 crore during the previous quarter ended March 2016.

For the full year,net profit rose 122.93% to Rs 19.64 crore in the year ended March 2017 as against Rs 8.81 crore during the previous year ended March 2016. Sales rose 18.83% to Rs 729.48 crore in the year ended March 2017 as against Rs 613.89 crore during the previous year ended March 2016.

 
ParticularsQuarter EndedYear EndedMar. 2017Mar. 2016% Var.Mar. 2017Mar. 2016% Var.Sales223.80178.47 25 729.48613.89 19 OPM %5.727.32 -5.995.04 - PBDT12.1711.88 2 37.1326.42 41 PBT9.028.43 7 24.5915.07 63 NP7.374.35 69 19.648.81 123

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First Published: May 19 2017 | 5:25 PM IST

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