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TVS Srichakra standalone net profit declines 10.74% in the March 2018 quarter

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Capital Market

Sales rise 16.15% to Rs 552.85 crore

Net profit of TVS Srichakra declined 10.74% to Rs 28.68 crore in the quarter ended March 2018 as against Rs 32.13 crore during the previous quarter ended March 2017. Sales rose 16.15% to Rs 552.85 crore in the quarter ended March 2018 as against Rs 475.97 crore during the previous quarter ended March 2017.

For the full year,net profit declined 24.28% to Rs 117.61 crore in the year ended March 2018 as against Rs 155.33 crore during the previous year ended March 2017. Sales rose 9.79% to Rs 2152.25 crore in the year ended March 2018 as against Rs 1960.42 crore during the previous year ended March 2017.

 
ParticularsQuarter EndedYear EndedMar. 2018Mar. 2017% Var.Mar. 2018Mar. 2017% Var.Sales552.85475.97 16 2152.251960.42 10 OPM %10.8413.90 -11.7014.42 - PBDT61.0964.02 -5 237.46272.38 -13 PBT43.9946.17 -5 169.25216.71 -22 NP28.6832.13 -11 117.61155.33 -24

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First Published: May 22 2018 | 3:55 PM IST

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