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Bimetal Bearings standalone net profit rises 14.85% in the March 2018 quarter

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Capital Market

Sales rise 45.49% to Rs 54.69 crore

Net profit of Bimetal Bearings rose 14.85% to Rs 3.79 crore in the quarter ended March 2018 as against Rs 3.30 crore during the previous quarter ended March 2017. Sales rose 45.49% to Rs 54.69 crore in the quarter ended March 2018 as against Rs 37.59 crore during the previous quarter ended March 2017.

For the full year,net profit rose 103.00% to Rs 10.15 crore in the year ended March 2018 as against Rs 5.00 crore during the previous year ended March 2017. Sales rose 26.62% to Rs 182.13 crore in the year ended March 2018 as against Rs 143.84 crore during the previous year ended March 2017.

 
ParticularsQuarter EndedYear EndedMar. 2018Mar. 2017% Var.Mar. 2018Mar. 2017% Var.Sales54.6937.59 45 182.13143.84 27 OPM %7.847.05 -7.213.84 - PBDT5.304.02 32 17.5810.59 66 PBT4.182.96 41 13.136.52 101 NP3.793.30 15 10.155.00 103

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First Published: May 31 2018 | 5:37 PM IST

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