Financial Results for the quarter ended 30th September, 2017
Highlights of the Standalone Results for the quarter ended 30th September, 2017:
- Revenue from Operations for the quarter ended 30th September, 2017 was Rs.1136.41 crores as against Rs.1026.12 crores in the corresponding quarter of the last year representing an increase of 10.75% over the corresponding period of last year.
- EBIDTA for the quarter ended 30th September, 2017 was Rs.181.99 crores as against Rs.155.85 crores (without exceptional items) in the corresponding quarter last year, representing an increase of 16.77 %.
- Net profit for the quarter ended 30th September, 2017 was Rs108.25 crores as against Rs 94.6 crores (excluding the exceptional, one-time gain of Rs.86.67 crores on slump sale of the Company’s paint division relating to 4 wheeler passenger cars, SUV’s, 3 wheelers and related ancillaries) in the corresponding quarter of last year, representing an increase of 14.4%.
Highlights of the Consolidated Results for the quarter ended 30th September, 2017:
- Revenue from Operations and Other Income, excluding excise duty on sale, for the quarter ended 30th September, 2017 was Rs. 1281.71 crores as against Rs.1151.60 crores in the corresponding quarter of the last year representing an increase of 11.30 % over the corresponding period of last year.
- EBIDTA for the quarter ended 30th September, 2017 was Rs.199.13 crores as against Rs.178.78 crores (without exceptional items) in the corresponding quarter last year, representing an increase of 11.38 %.
- Net profit for the quarter ended 30th September, 2017 was Rs.111.34 crores as against Rs.138.78 crores in the corresponding quarter of last year. These are not comparable since the net profit for the quarter ended 30th September, 2016 included proportionate gain of Rs.44.20 crores on slump sale of the Company’s paint division relating to 4 wheeler passenger cars, SUV’s, 3 wheelers and related ancillaries.
