Rajratan Global Wire consolidated net profit declines 11.50% in the March 2017 quarter

Capital Market May 17, 2017 Last Updated at 15:20 IST

Sales rise 12.74% to Rs 78.56 crore

Net profit of Rajratan Global Wire declined 11.50% to Rs 5.54 crore in the quarter ended March 2017 as against Rs 6.26 crore during the previous quarter ended March 2016. Sales rose 12.74% to Rs 78.56 crore in the quarter ended March 2017 as against Rs 69.68 crore during the previous quarter ended March 2016.

For the full year,net profit rose 28.17% to Rs 21.11 crore in the year ended March 2017 as against Rs 16.47 crore during the previous year ended March 2016. Sales rose 2.07% to Rs 288.15 crore in the year ended March 2017 as against Rs 282.32 crore during the previous year ended March 2016.

ParticularsQuarter EndedYear EndedMar. 2017Mar. 2016% Var.Mar. 2017Mar. 2016% Var.Sales78.5669.68 13 288.15282.32 2 OPM %13.8919.12 -14.2114.85 - PBDT9.239.90 -7 32.5628.03 16 PBT6.938.25 -16 25.0821.26 18 NP5.546.26 -12 21.1116.47 28

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