Results     15-Feb-18
Analysis
Power Mech Projects
On firm wicket
Related Tables
 Power Mech Projects: Consolidated Results
Consolidated net sales were up by 13% to Rs 354.67 crore. OPM was up by 80 bps to 13.3% resulting in a 20% increase in OP to Rs 47.18 crore. Other income was up by 19% to Rs 1.88 crore. Interest cost was up by 15% to Rs 9.61 crore and depreciation was up by 7% to Rs 10.81 crore. Thus, PBT was up by 29% to Rs 28.64 crore. After providing total tax of Rs 8.33 crore, PAT for Dec 17 quarter stood at Rs 20.30 crore. After providing share of loss from JV of Rs 6 lakh and MI of Rs 2.10 crore as compared to credit of MI of Rs 0.52 crore for Dec 16 quarter, consolidated PAT for Dec 17 quarter stood at Rs 18.14 crore, up by 24% YoY.

Consolidated performance for 9 months ended Dec 17

For 9 months ended Dec 17, consolidated net sales were up by 10% to Rs 1058.23 crore. OPM was up by 30bps and stood at 13.1% resulting in a 12% increase in OP to Rs 138.19 crore. Other income was up by 47% to Rs 6.63 crore. Interest cost was up by 5% at Rs 25.90 crore and depreciation was up by 3% to Rs 31.95 crore. Thus, PBT was up by 20% to Rs 86.97 crore. After providing total tax of Rs 25.9 crore, PAT for 9 months ended Dec 17 stood at Rs 61.01 crore. After providing share of loss from JV of Rs 11 lakh and MI of Rs 7.55 crore as compared to credit of MI of Rs 0.76 crore for 9 months ended Dec 16, consolidated PAT for 9 months ended Dec 17 stood at Rs 53.35 crore, up by 12% YoY.

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