Ski-Doo snowmobile maker BRP's profit jumps three-fold
June 11 (Reuters) - BRP Inc, the maker of Ski-Doo snowmobiles and Sea-Doo watercraft, reported a three-fold jump in quarterly profit, helped by higher revenue from its seasonal products.
The company, which also makes Rotax engines, said its net income rose to C$83.1 million ($67.6 million), in the first quarter ended April 30, from C$28 million a year earlier.
On an adjusted basis, the company earned 31 canadian cents per share, compared with 14 Canadian cents per share a year earlier.
Revenue rose 18.4 percent to C$898.1 million.
($1 = 1.2296 Canadian dollars) (Reporting By Tanvi Mehta in Bangalore; Editing by Maju Samuel)
© Thomson Reuters 2017 All rights reserved.