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Sundaram Clayton standalone net profit declines 56.07% in the March 2017 quarter

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Capital Market

Sales rise 0.25% to Rs 358.66 crore

Net profit of Sundaram Clayton declined 56.07% to Rs 38.36 crore in the quarter ended March 2017 as against Rs 87.32 crore during the previous quarter ended March 2016. Sales rose 0.25% to Rs 358.66 crore in the quarter ended March 2017 as against Rs 357.77 crore during the previous quarter ended March 2016.

For the full year,net profit declined 26.90% to Rs 105.59 crore in the year ended March 2017 as against Rs 144.44 crore during the previous year ended March 2016. Sales declined 1.64% to Rs 1394.55 crore in the year ended March 2017 as against Rs 1417.74 crore during the previous year ended March 2016.

 
ParticularsQuarter EndedYear EndedMar. 2017Mar. 2016% Var.Mar. 2017Mar. 2016% Var.Sales358.66357.77 0 1394.551417.74 -2 OPM %9.749.88 -9.489.78 - PBDT60.19100.39 -40 178.03211.44 -16 PBT45.4691.15 -50 117.39156.49 -25 NP38.3687.32 -56 105.59144.44 -27

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First Published: May 03 2017 | 6:00 PM IST

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