Garware-Wall Ropes consolidated net profit rises 13.65% in the March 2017 quarter

Capital Market May 25, 2017 Last Updated at 12:59 IST

Sales rise 14.99% to Rs 214.06 crore

Net profit of Garware-Wall Ropes rose 13.65% to Rs 19.65 crore in the quarter ended March 2017 as against Rs 17.29 crore during the previous quarter ended March 2016. Sales rose 14.99% to Rs 214.06 crore in the quarter ended March 2017 as against Rs 186.16 crore during the previous quarter ended March 2016.

For the full year,net profit rose 34.62% to Rs 83.33 crore in the year ended March 2017 as against Rs 61.90 crore during the previous year ended March 2016. Sales rose 4.91% to Rs 865.28 crore in the year ended March 2017 as against Rs 824.82 crore during the previous year ended March 2016.

ParticularsQuarter EndedYear EndedMar. 2017Mar. 2016% Var.Mar. 2017Mar. 2016% Var.Sales214.06186.16 15 865.28824.82 5 OPM %16.0215.28 -15.5612.78 - PBDT32.9427.70 19 136.06100.24 36 PBT29.3624.27 21 121.9387.14 40 NP19.6517.29 14 83.3361.90 35

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