Precision Wires India standalone net profit rises 7.91% in the March 2018 quarter

Capital Market 

Sales rise 69.36% to Rs 419.91 crore

Net profit of rose 7.91% to Rs 8.05 crore in the quarter ended March 2018 as against Rs 7.46 crore during the previous quarter ended March 2017. Sales rose 69.36% to Rs 419.91 crore in the quarter ended March 2018 as against Rs 247.94 crore during the previous quarter ended March 2017.

For the full year,net profit rose 59.63% to Rs 35.98 crore in the year ended March 2018 as against Rs 22.54 crore during the previous year ended March 2017. Sales rose 59.23% to Rs 1407.83 crore in the year ended March 2018 as against Rs 884.15 crore during the previous year ended March 2017. ParticularsQuarter EndedYear EndedMar. 2018Mar. 2017% Var.Mar. 2018Mar. 2017% Var.Sales419.91247.94 69 1407.83884.15 59 OPM %5.436.59 -6.216.43 - PBDT17.2914.03 23 72.1647.63 52 PBT13.8010.40 33 58.0933.34 74 NP8.057.46 8 35.9822.54 60

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First Published: Mon, June 04 2018. 17:04 IST