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NBI Industrial Finance Company standalone net profit rises 3523.15% in the March 2017 quarter

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Capital Market

Sales rise 4390.32% to Rs 97.44 crore

Net profit of NBI Industrial Finance Company rose 3523.15% to Rs 78.26 crore in the quarter ended March 2017 as against Rs 2.16 crore during the previous quarter ended March 2016. Sales rose 4390.32% to Rs 97.44 crore in the quarter ended March 2017 as against Rs 2.17 crore during the previous quarter ended March 2016.

For the full year,net profit rose 2265.98% to Rs 80.68 crore in the year ended March 2017 as against Rs 3.41 crore during the previous year ended March 2016. Sales rose 2534.20% to Rs 100.89 crore in the year ended March 2017 as against Rs 3.83 crore during the previous year ended March 2016.

 
ParticularsQuarter EndedYear EndedMar. 2017Mar. 2016% Var.Mar. 2017Mar. 2016% Var.Sales97.442.17 4390 100.893.83 2534 OPM %99.6995.39 -98.9186.68 - PBDT97.142.07 4593 99.793.32 2906 PBT97.142.07 4593 99.793.32 2906 NP78.262.16 3523 80.683.41 2266

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First Published: Jun 16 2017 | 3:53 PM IST

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