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Shivalik Bimetal Controls standalone net profit rises 172.81% in the March 2017 quarter

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Capital Market

Sales rise 25.45% to Rs 30.76 crore

Net profit of Shivalik Bimetal Controls rose 172.81% to Rs 3.11 crore in the quarter ended March 2017 as against Rs 1.14 crore during the previous quarter ended March 2016. Sales rose 25.45% to Rs 30.76 crore in the quarter ended March 2017 as against Rs 24.52 crore during the previous quarter ended March 2016.

For the full year,net profit rose 121.65% to Rs 9.11 crore in the year ended March 2017 as against Rs 4.11 crore during the previous year ended March 2016. Sales rose 21.13% to Rs 117.30 crore in the year ended March 2017 as against Rs 96.84 crore during the previous year ended March 2016.

 
ParticularsQuarter EndedYear EndedMar. 2017Mar. 2016% Var.Mar. 2017Mar. 2016% Var.Sales30.7624.52 25 117.3096.84 21 OPM %18.5616.15 -16.9014.62 - PBDT5.333.22 66 17.4810.39 68 PBT4.382.31 90 13.886.70 107 NP3.111.14 173 9.114.11 122

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First Published: May 25 2017 | 4:46 PM IST

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