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Elecon Engineering Company standalone net profit rises 2.03% in the March 2017 quarter

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Capital Market

Sales rise 0.58% to Rs 346.30 crore

Net profit of Elecon Engineering Company rose 2.03% to Rs 29.10 crore in the quarter ended March 2017 as against Rs 28.52 crore during the previous quarter ended March 2016. Sales rose 0.58% to Rs 346.30 crore in the quarter ended March 2017 as against Rs 344.29 crore during the previous quarter ended March 2016.

For the full year,net profit declined 42.32% to Rs 21.06 crore in the year ended March 2017 as against Rs 36.51 crore during the previous year ended March 2016. Sales declined 5.74% to Rs 923.36 crore in the year ended March 2017 as against Rs 979.55 crore during the previous year ended March 2016.

 
ParticularsQuarter EndedYear EndedMar. 2017Mar. 2016% Var.Mar. 2017Mar. 2016% Var.Sales346.30344.29 1 923.36979.55 -6 OPM %25.0520.96 -16.8714.53 - PBDT73.4057.14 28 100.61111.18 -10 PBT62.6643.11 45 52.4755.51 -5 NP29.1028.52 2 21.0636.51 -42

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First Published: May 19 2017 | 5:24 PM IST

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