Aksh Optifibre standalone net profit declines 2.73% in the March 2017 quarter

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Sales rise 10.14% to Rs 131.62 crore
Net profit of Aksh Optifibre declined 2.73% to Rs 2.14 crore in the quarter ended March 2017 as against Rs 2.20 crore during the previous quarter ended March 2016. Sales rose 10.14% to Rs 131.62 crore in the quarter ended March 2017 as against Rs 119.50 crore during the previous quarter ended March 2016.For the full year,net profit declined 54.89% to Rs 15.12 crore in the year ended March 2017 as against Rs 33.52 crore during the previous year ended March 2016. Sales rose 4.77% to Rs 445.20 crore in the year ended March 2017 as against Rs 424.92 crore during the previous year ended March 2016.
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First Published: May 23 2017 | 4:06 PM IST