Inox Wind standalone net profit declines 59.50% in the March 2017 quarter

Capital Market May 13, 2017 Last Updated at 15:30 IST

Sales decline 56.86% to Rs 657.87 crore

Net profit of Inox Wind declined 59.50% to Rs 68.76 crore in the quarter ended March 2017 as against Rs 169.79 crore during the previous quarter ended March 2016. Sales declined 56.86% to Rs 657.87 crore in the quarter ended March 2017 as against Rs 1525.06 crore during the previous quarter ended March 2016.

For the full year,net profit declined 46.20% to Rs 256.33 crore in the year ended March 2017 as against Rs 476.46 crore during the previous year ended March 2016. Sales declined 26.20% to Rs 2863.22 crore in the year ended March 2017 as against Rs 3879.77 crore during the previous year ended March 2016.

ParticularsQuarter EndedYear EndedMar. 2017Mar. 2016% Var.Mar. 2017Mar. 2016% Var.Sales657.871525.06 -57 2863.223879.77 -26 OPM %19.7417.07 -15.0417.84 - PBDT105.58244.84 -57 382.39693.86 -45 PBT96.66237.08 -59 347.94663.63 -48 NP68.76169.79 -60 256.33476.46 -46

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