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Greaves Cotton standalone net profit rises 21.15% in the March 2018 quarter

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Capital Market

Sales rise 24.42% to Rs 486.15 crore

Net profit of Greaves Cotton rose 21.15% to Rs 56.65 crore in the quarter ended March 2018 as against Rs 46.76 crore during the previous quarter ended March 2017. Sales rose 24.42% to Rs 486.15 crore in the quarter ended March 2018 as against Rs 390.73 crore during the previous quarter ended March 2017.

For the full year,net profit rose 12.17% to Rs 202.62 crore in the year ended March 2018 as against Rs 180.63 crore during the previous year ended March 2017. Sales rose 9.66% to Rs 1792.10 crore in the year ended March 2018 as against Rs 1634.26 crore during the previous year ended March 2017.

 
ParticularsQuarter EndedYear EndedMar. 2018Mar. 2017% Var.Mar. 2018Mar. 2017% Var.Sales486.15390.73 24 1792.101634.26 10 OPM %14.3713.61 -14.2514.68 - PBDT84.2668.72 23 299.77289.33 4 PBT71.1256.21 27 247.42242.67 2 NP56.6546.76 21 202.62180.63 12

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First Published: May 03 2018 | 2:33 PM IST

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