Results     09-Nov-16
Analysis
Vesuvius India
Strong performance continues
Related Tables
 Â Vesuvius India: Result
For the quarter ended Sep'16, net sales were up by 24% to Rs 222.96 crore. OPM was up by 30 bps at 19.2% resulting in a 26% rise in OP to Rs 42.88 crore. Other income was higher by 24% to Rs 3.23 crore. Depreciation was up by 20% to Rs 7.05 crore, thus PBT was up by 27% to Rs 39.06 crore. After providing total tax of Rs 13.60 crore, up by 29%, PAT for Sep'16 quarter was up by 26% YoY to Rs 25.46 crore.

Performance for the 9 months ended Sep 2016

For the 9 months ended Sep'16, net sales were up by 19% to Rs 609.63 crore. OPM was higher by 60 bps to 18.7% resulting a 23% rise in OP to Rs 113.84 crore. Other income was higher by 27% to Rs 9.78 crore. Depreciation was up by 17% to Rs 19.91 crore, thus PBT was up by 24% to Rs 103.71 crore. After providing total tax of Rs 36 crore, up by 26%, PAT for the 9 months ended Sep'16 was up by 23% YoY to Rs 67.71 crore.

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