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Artson Engineering standalone net profit rises 1367.03% in the March 2017 quarter

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Capital Market

Sales decline 13.54% to Rs 30.27 crore

Net profit of Artson Engineering rose 1367.03% to Rs 26.70 crore in the quarter ended March 2017 as against Rs 1.82 crore during the previous quarter ended March 2016. Sales declined 13.54% to Rs 30.27 crore in the quarter ended March 2017 as against Rs 35.01 crore during the previous quarter ended March 2016.

For the full year,net profit rose 1507.69% to Rs 27.17 crore in the year ended March 2017 as against Rs 1.69 crore during the previous year ended March 2016. Sales declined 8.99% to Rs 100.56 crore in the year ended March 2017 as against Rs 110.49 crore during the previous year ended March 2016.

 
ParticularsQuarter EndedYear EndedMar. 2017Mar. 2016% Var.Mar. 2017Mar. 2016% Var.Sales30.2735.01 -14 100.56110.49 -9 OPM %7.272.88 -4.363.66 - PBDT5.442.56 113 6.593.58 84 PBT5.211.82 186 5.681.69 236 NP26.701.82 1367 27.171.69 1508

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First Published: May 03 2017 | 4:19 PM IST

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