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Cords Cable Industries standalone net profit rises 23.39% in the March 2018 quarter

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Capital Market

Sales rise 1.55% to Rs 109.93 crore

Net profit of Cords Cable Industries rose 23.39% to Rs 2.69 crore in the quarter ended March 2018 as against Rs 2.18 crore during the previous quarter ended March 2017. Sales rose 1.55% to Rs 109.93 crore in the quarter ended March 2018 as against Rs 108.25 crore during the previous quarter ended March 2017.

For the full year,net profit rose 21.08% to Rs 6.26 crore in the year ended March 2018 as against Rs 5.17 crore during the previous year ended March 2017. Sales rose 12.98% to Rs 365.38 crore in the year ended March 2018 as against Rs 323.41 crore during the previous year ended March 2017.

 
ParticularsQuarter EndedYear EndedMar. 2018Mar. 2017% Var.Mar. 2018Mar. 2017% Var.Sales109.93108.25 2 365.38323.41 13 OPM %9.959.23 -9.7010.23 - PBDT4.644.59 1 14.2713.06 9 PBT3.583.41 5 9.217.85 17 NP2.692.18 23 6.265.17 21

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First Published: May 29 2018 | 4:54 PM IST

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