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SNL Bearings standalone net profit rises 39.01% in the March 2017 quarter

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Capital Market

Sales rise 7.80% to Rs 8.98 crore

Net profit of SNL Bearings rose 39.01% to Rs 1.96 crore in the quarter ended March 2017 as against Rs 1.41 crore during the previous quarter ended March 2016. Sales rose 7.80% to Rs 8.98 crore in the quarter ended March 2017 as against Rs 8.33 crore during the previous quarter ended March 2016.

For the full year,net profit rose 16.02% to Rs 6.59 crore in the year ended March 2017 as against Rs 5.68 crore during the previous year ended March 2016. Sales rose 11.51% to Rs 33.53 crore in the year ended March 2017 as against Rs 30.07 crore during the previous year ended March 2016.

 
ParticularsQuarter EndedYear EndedMar. 2017Mar. 2016% Var.Mar. 2017Mar. 2016% Var.Sales8.988.33 8 33.5330.07 12 OPM %35.6329.53 -31.5531.29 - PBDT3.242.40 35 10.639.08 17 PBT2.952.12 39 9.928.51 17 NP1.961.41 39 6.595.68 16

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First Published: May 26 2017 | 5:33 PM IST

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