Sona Koyo Steering Systems consolidated net profit declines 25.40% in the March 2017 quarter

Capital Market May 24, 2017 Last Updated at 16:18 IST

Sales rise 11.60% to Rs 443.90 crore

Net profit of Sona Koyo Steering Systems declined 25.40% to Rs 16.24 crore in the quarter ended March 2017 as against Rs 21.77 crore during the previous quarter ended March 2016. Sales rose 11.60% to Rs 443.90 crore in the quarter ended March 2017 as against Rs 397.75 crore during the previous quarter ended March 2016.

For the full year,net profit declined 1.51% to Rs 36.49 crore in the year ended March 2017 as against Rs 37.05 crore during the previous year ended March 2016. Sales rose 3.69% to Rs 1564.58 crore in the year ended March 2017 as against Rs 1508.87 crore during the previous year ended March 2016.

ParticularsQuarter EndedYear EndedMar. 2017Mar. 2016% Var.Mar. 2017Mar. 2016% Var.Sales443.90397.75 12 1564.581508.87 4 OPM %14.0415.04 -12.9912.85 - PBDT60.2052.90 14 183.84168.31 9 PBT33.2527.38 21 80.8569.55 16 NP16.2421.77 -25 36.4937.05 -2

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