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Ador Welding standalone net profit declines 12.17% in the March 2017 quarter

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Capital Market

Sales rise 5.11% to Rs 158.92 crore

Net profit of Ador Welding declined 12.17% to Rs 7.58 crore in the quarter ended March 2017 as against Rs 8.63 crore during the previous quarter ended March 2016. Sales rose 5.11% to Rs 158.92 crore in the quarter ended March 2017 as against Rs 151.20 crore during the previous quarter ended March 2016.

For the full year,net profit declined 17.57% to Rs 18.67 crore in the year ended March 2017 as against Rs 22.65 crore during the previous year ended March 2016. Sales rose 8.29% to Rs 440.57 crore in the year ended March 2017 as against Rs 406.83 crore during the previous year ended March 2016.

 
ParticularsQuarter EndedYear EndedMar. 2017Mar. 2016% Var.Mar. 2017Mar. 2016% Var.Sales158.92151.20 5 440.57406.83 8 OPM %6.329.52 -7.0210.01 - PBDT13.9815.42 -9 39.3445.44 -13 PBT11.2212.56 -11 28.1233.78 -17 NP7.588.63 -12 18.6722.65 -18

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First Published: May 10 2017 | 1:41 PM IST

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