Nine month performance
Operating income was lower by 10% to Rs 5164.54 crore. With OPM expand by 180 bps to 10.7% the operating profit was up by 8% to Rs 550.45 crore. After accounting for lower other income, lower interest and higher depreciation, the PBT was up by 22% to Rs 276.11 crore. EO expense for the quarter was Rs 76.56 crore as against an expense of Rs 3.01 crore in corresponding previous period. Thus the PBT after EO was down by 11% to Rs 199.55 crore. The taxation was Rs 15.46 crore, a fall of 75%. Thus the PAT was up by 14% to Rs 184.09 crore.
Order book
Order inflow in 9mFY18 was Rs 21614 crore and order book as end of Dec 31, 2017 stood at Rs 31627 crore up from an order book of Rs 18088 crore as end of March 31, 2017.