TVS Srichakra standalone net profit declines 35.89% in the March 2017 quarter

Capital Market May 25, 2017 Last Updated at 13:00 IST

Sales decline 2.41% to Rs 472.23 crore

Net profit of TVS Srichakra declined 35.89% to Rs 32.13 crore in the quarter ended March 2017 as against Rs 50.12 crore during the previous quarter ended March 2016. Sales declined 2.41% to Rs 472.23 crore in the quarter ended March 2017 as against Rs 483.90 crore during the previous quarter ended March 2016.

For the full year,net profit declined 21.13% to Rs 155.33 crore in the year ended March 2017 as against Rs 196.95 crore during the previous year ended March 2016. Sales rose 1.94% to Rs 1945.58 crore in the year ended March 2017 as against Rs 1908.60 crore during the previous year ended March 2016.

ParticularsQuarter EndedYear EndedMar. 2017Mar. 2016% Var.Mar. 2017Mar. 2016% Var.Sales472.23483.90 -2 1945.581908.60 2 OPM %14.0115.72 -14.5316.90 - PBDT64.0290.43 -29 272.38329.31 -17 PBT46.1778.42 -41 216.71286.99 -24 NP32.1350.12 -36 155.33196.95 -21

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