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GTV Engineering standalone net profit rises 58.33% in the March 2017 quarter

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Capital Market

Sales decline 1.20% to Rs 11.56 crore

Net profit of GTV Engineering rose 58.33% to Rs 0.19 crore in the quarter ended March 2017 as against Rs 0.12 crore during the previous quarter ended March 2016. Sales declined 1.20% to Rs 11.56 crore in the quarter ended March 2017 as against Rs 11.70 crore during the previous quarter ended March 2016.

For the full year,net profit rose 21.88% to Rs 0.39 crore in the year ended March 2017 as against Rs 0.32 crore during the previous year ended March 2016. Sales rose 57.95% to Rs 43.91 crore in the year ended March 2017 as against Rs 27.80 crore during the previous year ended March 2016.

 
ParticularsQuarter EndedYear EndedMar. 2017Mar. 2016% Var.Mar. 2017Mar. 2016% Var.Sales11.5611.70 -1 43.9127.80 58 OPM %2.344.10 -2.005.40 - PBDT0.620.49 27 1.151.05 10 PBT0.370.29 28 0.570.49 16 NP0.190.12 58 0.390.32 22

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First Published: May 26 2017 | 6:38 PM IST

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