Artson Engineering standalone net profit rises 1367.03% in the March 2017 quarter

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Sales decline 13.54% to Rs 30.27 crore
Net profit of Artson Engineering rose 1367.03% to Rs 26.70 crore in the quarter ended March 2017 as against Rs 1.82 crore during the previous quarter ended March 2016. Sales declined 13.54% to Rs 30.27 crore in the quarter ended March 2017 as against Rs 35.01 crore during the previous quarter ended March 2016.For the full year,net profit rose 1507.69% to Rs 27.17 crore in the year ended March 2017 as against Rs 1.69 crore during the previous year ended March 2016. Sales declined 8.99% to Rs 100.56 crore in the year ended March 2017 as against Rs 110.49 crore during the previous year ended March 2016.
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First Published: May 03 2017 | 4:19 PM IST