Results     10-May-17
Announcements
Hitech Corporation standalone net profit rises 135.71% in the March 2017 quarter
Sales rise 14.29% to Rs 94.91 crore
Net profit of Hitech Corporation rose 135.71% to Rs 2.64 crore in the quarter ended March 2017 as against Rs 1.12 crore during the previous quarter ended March 2016. Sales rose 14.29% to Rs 94.91 crore in the quarter ended March 2017 as against Rs 83.04 crore during the previous quarter ended March 2016.

For the full year,net profit declined 16.15% to Rs 11.84 crore in the year ended March 2017 as against Rs 14.12 crore during the previous year ended March 2016. Sales declined 6.45% to Rs 367.25 crore in the year ended March 2017 as against Rs 392.58 crore during the previous year ended March 2016.

ParticularsQuarter EndedYear Ended
 Mar. 2017Mar. 2016% Var.Mar. 2017Mar. 2016% Var.
Sales94.9183.04 14 367.25392.58 -6
OPM %7.639.44 -9.3311.59 -
PBDT5.826.05 -4 28.9335.84 -19
PBT2.452.12 16 15.9420.25 -21
NP2.641.12 136 11.8414.12 -16

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