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Shalimar Wires Industries standalone net profit rises 3207.46% in the March 2017 quarter

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Capital Market

Sales rise 7.18% to Rs 27.18 crore

Net profit of Shalimar Wires Industries rose 3207.46% to Rs 22.16 crore in the quarter ended March 2017 as against Rs 0.67 crore during the previous quarter ended March 2016. Sales rose 7.18% to Rs 27.18 crore in the quarter ended March 2017 as against Rs 25.36 crore during the previous quarter ended March 2016.

For the full year,net profit rose 19690.91% to Rs 21.77 crore in the year ended March 2017 as against Rs 0.11 crore during the previous year ended March 2016. Sales rose 6.18% to Rs 101.51 crore in the year ended March 2017 as against Rs 95.60 crore during the previous year ended March 2016.

 
ParticularsQuarter EndedYear EndedMar. 2017Mar. 2016% Var.Mar. 2017Mar. 2016% Var.Sales27.1825.36 7 101.5195.60 6 OPM %3.1314.35 -10.9013.13 - PBDT3.722.66 40 8.206.05 36 PBT2.260.67 237 1.870.11 1600 NP22.160.67 3207 21.770.11 19691

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First Published: May 17 2017 | 4:28 PM IST

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