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Ram Ratna Wires standalone net profit rises 55.16% in the March 2017 quarter

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Capital Market

Sales rise 26.05% to Rs 221.93 crore

Net profit of Ram Ratna Wires rose 55.16% to Rs 6.92 crore in the quarter ended March 2017 as against Rs 4.46 crore during the previous quarter ended March 2016. Sales rose 26.05% to Rs 221.93 crore in the quarter ended March 2017 as against Rs 176.07 crore during the previous quarter ended March 2016.

For the full year,net profit rose 130.80% to Rs 21.58 crore in the year ended March 2017 as against Rs 9.35 crore during the previous year ended March 2016. Sales rose 11.14% to Rs 783.12 crore in the year ended March 2017 as against Rs 704.65 crore during the previous year ended March 2016.

 
ParticularsQuarter EndedYear EndedMar. 2017Mar. 2016% Var.Mar. 2017Mar. 2016% Var.Sales221.93176.07 26 783.12704.65 11 OPM %6.756.53 -6.484.80 - PBDT12.708.86 43 41.4321.84 90 PBT10.586.88 54 33.1014.47 129 NP6.924.46 55 21.589.35 131

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First Published: May 31 2017 | 12:56 PM IST

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