Johnson Controls-Hitachi Air Condition. India standalone net profit rises 57.45% in the March 2018 quarter

Capital Market 

Sales rise 12.53% to Rs 627.74 crore

Net profit of Johnson Controls-Air Condition. rose 57.45% to Rs 40.48 crore in the quarter ended March 2018 as against Rs 25.71 crore during the previous quarter ended March 2017. Sales rose 12.53% to Rs 627.74 crore in the quarter ended March 2018 as against Rs 557.83 crore during the previous quarter ended March 2017.

For the full year,net profit rose 23.14% to Rs 100.15 crore in the year ended March 2018 as against Rs 81.33 crore during the previous year ended March 2017. Sales rose 13.98% to Rs 2185.39 crore in the year ended March 2018 as against Rs 1917.30 crore during the previous year ended March 2017. ParticularsQuarter EndedYear EndedMar. 2018Mar. 2017% Var.Mar. 2018Mar. 2017% Var.Sales627.74557.83 13 2185.391917.30 14 OPM %11.799.15 -9.108.75 - PBDT74.1950.67 46 204.28170.15 20 PBT61.0736.96 65 151.36118.30 28 NP40.4825.71 57 100.1581.33 23

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First Published: Fri, May 25 2018. 09:26 IST