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Elecon Engineering Company consolidated net profit rises 77.64% in the March 2018 quarter

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Capital Market

Sales rise 3.52% to Rs 437.14 crore

Net profit of Elecon Engineering Company rose 77.64% to Rs 53.38 crore in the quarter ended March 2018 as against Rs 30.05 crore during the previous quarter ended March 2017. Sales rose 3.52% to Rs 437.14 crore in the quarter ended March 2018 as against Rs 422.27 crore during the previous quarter ended March 2017.

For the full year,net profit declined 30.33% to Rs 7.49 crore in the year ended March 2018 as against Rs 10.75 crore during the previous year ended March 2017. Sales declined 1.77% to Rs 1180.23 crore in the year ended March 2018 as against Rs 1201.53 crore during the previous year ended March 2017.

 
ParticularsQuarter EndedYear EndedMar. 2018Mar. 2017% Var.Mar. 2018Mar. 2017% Var.Sales437.14422.27 4 1180.231201.53 -2 OPM %17.5320.74 -9.8213.65 - PBDT65.0574.17 -12 58.5497.10 -40 PBT50.4163.71 -21 5.6243.86 -87 NP53.3830.05 78 7.4910.75 -30

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First Published: May 04 2018 | 5:26 PM IST

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