Sundaram-Clayton : Q4FY17 results
Sundaram-Clayton Ltd reported its results for the quarter ended March 31, 2017 today.
The company's total sales for Q4FY17 came in at Rs 358.66 crore, which represents a 6.24 per cent sequential increase and 0.25 per cent YoY increase.
Its operating profit (EBIT) for the quarter amounted to Rs 20.2 crore and its EBIT margin stood at 5.63 per cent.
The company reported PAT of Rs 38.36 crore, which represents a sequential QoQ decline of 19.97 per cent and a YoY decline of 56.07 per cent.
During FY2016-17, the company reported revenue of Rs 1395 crore, a decrease of 1.6 per cent YoY. Its bottomline declined 26.9 per cent YoY to Rs 106 crore.
The company's stock today opened at Rs 4411 on the BSE and closed for the day at Rs 4210, down ~2 per cent from previous close of Rs 4294.4.