Electrosteel posts 19% growth in topline - Views on News from Equitymaster

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Electrosteel posts 19% growth in topline

Jan 20, 2000

Electrosteel Castings has posted a growth of 18.7% in topline during the 3QFY00. The company has benefited from a sharp decline in infrastructure and improved operational efficiencies.

(Rs m) 3QFY2000 3QFY1999 Change
Net Sales 1,157.8 975.3 18.7%
Expenditure 808.2 705.7 14.5%
Interest 34.6 56.6 -38.9%
Depreciation 32.3 29.5 9.5%
Profit before Tax 307.1 205.1 49.7%
Tax 82.5 50.0 65.0%
Profit after Tax 224.6 155.1 44.8%
Net profit margin 19.4% 15.9%  

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