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Triveni Turbine standalone net profit declines 20.58% in the March 2017 quarter

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Capital Market

Sales decline 13.91% to Rs 176.76 crore

Net profit of Triveni Turbine declined 20.58% to Rs 27.17 crore in the quarter ended March 2017 as against Rs 34.21 crore during the previous quarter ended March 2016. Sales declined 13.91% to Rs 176.76 crore in the quarter ended March 2017 as against Rs 205.32 crore during the previous quarter ended March 2016.

For the full year,net profit rose 6.62% to Rs 116.18 crore in the year ended March 2017 as against Rs 108.97 crore during the previous year ended March 2016. Sales rose 3.51% to Rs 724.21 crore in the year ended March 2017 as against Rs 699.68 crore during the previous year ended March 2016.

 
ParticularsQuarter EndedYear EndedMar. 2017Mar. 2016% Var.Mar. 2017Mar. 2016% Var.Sales176.76205.32 -14 724.21699.68 4 OPM %21.2426.08 -22.5322.45 - PBDT47.5054.94 -14 191.41178.21 7 PBT43.3451.12 -15 176.61162.94 8 NP27.1734.21 -21 116.18108.97 7

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First Published: May 19 2017 | 5:11 PM IST

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