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Kirloskar Industries standalone net profit rises 171.70% in the March 2018 quarter

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Capital Market

Sales decline 26.74% to Rs 0.63 crore

Net profit of Kirloskar Industries rose 171.70% to Rs 11.52 crore in the quarter ended March 2018 as against Rs 4.24 crore during the previous quarter ended March 2017. Sales declined 26.74% to Rs 0.63 crore in the quarter ended March 2018 as against Rs 0.86 crore during the previous quarter ended March 2017.

For the full year,net profit rose 83.83% to Rs 52.98 crore in the year ended March 2018 as against Rs 28.82 crore during the previous year ended March 2017. Sales declined 29.75% to Rs 2.48 crore in the year ended March 2018 as against Rs 3.53 crore during the previous year ended March 2017.

 
ParticularsQuarter EndedYear EndedMar. 2018Mar. 2017% Var.Mar. 2018Mar. 2017% Var.Sales0.630.86 -27 2.483.53 -30 OPM %-1417.46-279.07 --705.24-169.12 - PBDT12.607.05 79 60.4238.46 57 PBT12.116.71 80 58.8437.46 57 NP11.524.24 172 52.9828.82 84

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First Published: May 17 2018 | 5:42 PM IST

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