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Sharda Motor Industries standalone net profit rises 14.17% in the September 2018 quarter

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Capital Market

Sales decline 1.95% to Rs 298.80 crore

Net profit of Sharda Motor Industries rose 14.17% to Rs 23.13 crore in the quarter ended September 2018 as against Rs 20.26 crore during the previous quarter ended September 2017. Sales declined 1.95% to Rs 298.80 crore in the quarter ended September 2018 as against Rs 304.74 crore during the previous quarter ended September 2017. ParticularsQuarter EndedSep. 2018Sep. 2017% Var.Sales298.80304.74 -2 OPM %12.6311.96 -PBDT42.0941.04 3 PBT32.2729.85 8 NP23.1320.26 14

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First Published: Nov 12 2018 | 3:59 PM IST

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