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Indian Hume Pipe Company standalone net profit declines 33.14% in the March 2018 quarter

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Capital Market

Sales decline 10.95% to Rs 411.19 crore

Net profit of Indian Hume Pipe Company declined 33.14% to Rs 23.20 crore in the quarter ended March 2018 as against Rs 34.70 crore during the previous quarter ended March 2017. Sales declined 10.95% to Rs 411.19 crore in the quarter ended March 2018 as against Rs 461.74 crore during the previous quarter ended March 2017.

For the full year,net profit declined 33.73% to Rs 66.06 crore in the year ended March 2018 as against Rs 99.68 crore during the previous year ended March 2017. Sales declined 10.46% to Rs 1525.97 crore in the year ended March 2018 as against Rs 1704.31 crore during the previous year ended March 2017.

 
ParticularsQuarter EndedYear EndedMar. 2018Mar. 2017% Var.Mar. 2018Mar. 2017% Var.Sales411.19461.74 -11 1525.971704.31 -10 OPM %11.3513.62 -9.9312.11 - PBDT38.3555.96 -31 111.22163.54 -32 PBT35.4253.13 -33 100.38153.01 -34 NP23.2034.70 -33 66.0699.68 -34

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First Published: May 25 2018 | 9:31 AM IST

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