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TVS Electronics standalone net profit rises 627.50% in the March 2017 quarter

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Capital Market

Sales rise 858.77% to Rs 941.32 crore

Net profit of TVS Electronics rose 627.50% to Rs 5.82 crore in the quarter ended March 2017 as against Rs 0.80 crore during the previous quarter ended March 2016. Sales rose 858.77% to Rs 941.32 crore in the quarter ended March 2017 as against Rs 98.18 crore during the previous quarter ended March 2016.

For the full year,net profit rose 66.13% to Rs 7.16 crore in the year ended March 2017 as against Rs 4.31 crore during the previous year ended March 2016. Sales rose 342.36% to Rs 2624.91 crore in the year ended March 2017 as against Rs 593.39 crore during the previous year ended March 2016.

 
ParticularsQuarter EndedYear EndedMar. 2017Mar. 2016% Var.Mar. 2017Mar. 2016% Var.Sales941.3298.18 859 2624.91593.39 342 OPM %0.784.43 -0.632.72 - PBDT7.343.62 103 15.3711.91 29 PBT4.471.17 282 6.323.31 91 NP5.820.80 628 7.164.31 66

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First Published: May 13 2017 | 3:33 PM IST

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