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Hindustan Tin Works standalone net profit declines 50.74% in the March 2017 quarter

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Capital Market

Sales decline 16.50% to Rs 56.06 crore

Net profit of Hindustan Tin Works declined 50.74% to Rs 1.33 crore in the quarter ended March 2017 as against Rs 2.70 crore during the previous quarter ended March 2016. Sales declined 16.50% to Rs 56.06 crore in the quarter ended March 2017 as against Rs 67.14 crore during the previous quarter ended March 2016.

For the full year,net profit declined 49.14% to Rs 7.13 crore in the year ended March 2017 as against Rs 14.02 crore during the previous year ended March 2016. Sales declined 10.27% to Rs 267.35 crore in the year ended March 2017 as against Rs 297.95 crore during the previous year ended March 2016.

 
ParticularsQuarter EndedYear EndedMar. 2017Mar. 2016% Var.Mar. 2017Mar. 2016% Var.Sales56.0667.14 -17 267.35297.95 -10 OPM %7.0611.78 -8.958.15 - PBDT3.476.28 -45 18.4417.55 5 PBT1.434.13 -65 10.489.69 8 NP1.332.70 -51 7.1314.02 -49

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First Published: May 29 2017 | 12:26 PM IST

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