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Deep Industries standalone net profit rises 81.20% in the March 2017 quarter

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Capital Market

Sales rise 36.48% to Rs 74.90 crore

Net profit of Deep Industries rose 81.20% to Rs 23.23 crore in the quarter ended March 2017 as against Rs 12.82 crore during the previous quarter ended March 2016. Sales rose 36.48% to Rs 74.90 crore in the quarter ended March 2017 as against Rs 54.88 crore during the previous quarter ended March 2016.

For the full year,net profit rose 80.98% to Rs 74.02 crore in the year ended March 2017 as against Rs 40.90 crore during the previous year ended March 2016. Sales rose 64.06% to Rs 277.38 crore in the year ended March 2017 as against Rs 169.07 crore during the previous year ended March 2016.

 
ParticularsQuarter EndedYear EndedMar. 2017Mar. 2016% Var.Mar. 2017Mar. 2016% Var.Sales74.9054.88 36 277.38169.07 64 OPM %49.0455.39 -56.1056.88 - PBDT40.1325.80 56 141.6182.00 73 PBT30.6316.60 85 108.0961.58 76 NP23.2312.82 81 74.0240.90 81

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First Published: May 02 2017 | 3:45 PM IST

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