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Maharashtra Seamless standalone net profit rises 125.85% in the March 2018 quarter

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Capital Market

Sales rise 39.87% to Rs 630.12 crore

Net profit of Maharashtra Seamless rose 125.85% to Rs 88.42 crore in the quarter ended March 2018 as against Rs 39.15 crore during the previous quarter ended March 2017. Sales rose 39.87% to Rs 630.12 crore in the quarter ended March 2018 as against Rs 450.50 crore during the previous quarter ended March 2017.

For the full year,net profit rose 36.35% to Rs 198.42 crore in the year ended March 2018 as against Rs 145.52 crore during the previous year ended March 2017. Sales rose 49.22% to Rs 2123.48 crore in the year ended March 2018 as against Rs 1423.04 crore during the previous year ended March 2017.

 
ParticularsQuarter EndedYear EndedMar. 2018Mar. 2017% Var.Mar. 2018Mar. 2017% Var.Sales630.12450.50 40 2123.481423.04 49 OPM %19.7416.03 -14.4215.49 - PBDT140.1782.59 70 364.84295.09 24 PBT120.9865.42 85 290.39225.71 29 NP88.4239.15 126 198.42145.52 36

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First Published: May 24 2018 | 6:07 PM IST

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