Results     08-Aug-16
Analysis
Vesuvius India
Strong sales growth
Related Tables
 Vesuvius India: Result
For the quarter ended June'16, net sales were up by 23% to Rs 208.05 crore. OPM was flat at 19.1% resulting in a 24% rise in OP to Rs 39.83 crore. Other income was higher by 28% to Rs 3.37 crore. Depreciation was up by 20% to Rs 6.78 crore, thus PBT was up by 25% to Rs 36.42 crore. After providing total tax of Rs 12.61 crore, up by 26%, PAT for June'16 quarter was up by 23% YoY to Rs 23.81 crore.

Performance for the 6 months ended June 2016

For the 6 months ended June'16, net sales were up by 16% to Rs 386.67 crore. OPM was higher by 70 bps to 18.4% resulting a 20% rise in OP to Rs 70.96 crore. Other income was higher by 29% to Rs 6.55 crore. Depreciation was up by 16% to Rs 12.86 crore, thus PBT was up by 22% to Rs 64.65 crore. After providing total tax of Rs 22.40 crore, up by 24%, PAT for the 6 months ended June'16 was up by 21% YoY to Rs 42.25 crore.

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