Business Standard

NRB Bearings standalone net profit rises 129.76% in the March 2018 quarter

Image

Capital Market

Sales rise 25.18% to Rs 235.33 crore

Net profit of NRB Bearings rose 129.76% to Rs 26.79 crore in the quarter ended March 2018 as against Rs 11.66 crore during the previous quarter ended March 2017. Sales rose 25.18% to Rs 235.33 crore in the quarter ended March 2018 as against Rs 187.99 crore during the previous quarter ended March 2017.

For the full year,net profit rose 66.06% to Rs 81.90 crore in the year ended March 2018 as against Rs 49.32 crore during the previous year ended March 2017. Sales rose 17.53% to Rs 830.56 crore in the year ended March 2018 as against Rs 706.69 crore during the previous year ended March 2017.

 
ParticularsQuarter EndedYear EndedMar. 2018Mar. 2017% Var.Mar. 2018Mar. 2017% Var.Sales235.33187.99 25 830.56706.69 18 OPM %17.9213.22 -18.1814.42 - PBDT46.5422.67 105 148.2896.82 53 PBT39.2115.30 156 120.3067.57 78 NP26.7911.66 130 81.9049.32 66

Powered by Capital Market - Live News

Disclaimer: No Business Standard Journalist was involved in creation of this content

Don't miss the most important news and views of the day. Get them on our Telegram channel

First Published: May 22 2018 | 3:55 PM IST

Explore News