Inox Wind consolidated net profit declines 36.59% in the March 2017 quarter

Capital Market May 13, 2017 Last Updated at 15:31 IST

Sales decline 44.61% to Rs 1019.22 crore

Net profit of Inox Wind declined 36.59% to Rs 127.54 crore in the quarter ended March 2017 as against Rs 201.12 crore during the previous quarter ended March 2016. Sales declined 44.61% to Rs 1019.22 crore in the quarter ended March 2017 as against Rs 1840.18 crore during the previous quarter ended March 2016.

For the full year,net profit declined 34.23% to Rs 303.29 crore in the year ended March 2017 as against Rs 461.17 crore during the previous year ended March 2016. Sales declined 23.27% to Rs 3415.00 crore in the year ended March 2017 as against Rs 4450.67 crore during the previous year ended March 2016.

ParticularsQuarter EndedYear EndedMar. 2017Mar. 2016% Var.Mar. 2017Mar. 2016% Var.Sales1019.221840.18 -45 3415.004450.67 -23 OPM %22.5216.98 -16.4116.03 - PBDT199.68303.02 -34 470.55685.43 -31 PBT188.34291.76 -35 426.81649.40 -34 NP127.54201.12 -37 303.29461.17 -34

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