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Maharashtra Scooters standalone net profit declines 2.86% in the March 2018 quarter

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Capital Market

Sales rise 3.96% to Rs 3.15 crore

Net profit of Maharashtra Scooters declined 2.86% to Rs 1.36 crore in the quarter ended March 2018 as against Rs 1.40 crore during the previous quarter ended March 2017. Sales rose 3.96% to Rs 3.15 crore in the quarter ended March 2018 as against Rs 3.03 crore during the previous quarter ended March 2017.

For the full year,net profit rose 364.88% to Rs 60.76 crore in the year ended March 2018 as against Rs 13.07 crore during the previous year ended March 2017. Sales rose 44.96% to Rs 12.22 crore in the year ended March 2018 as against Rs 8.43 crore during the previous year ended March 2017.

 
ParticularsQuarter EndedYear EndedMar. 2018Mar. 2017% Var.Mar. 2018Mar. 2017% Var.Sales3.153.03 4 12.228.43 45 OPM %-59.37-47.85 --63.01-69.51 - PBDT1.311.84 -29 62.0914.89 317 PBT1.071.70 -37 61.3414.34 328 NP1.361.40 -3 60.7613.07 365

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First Published: May 16 2018 | 5:45 PM IST

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