Bhagyanagar India standalone net profit rises 2871.43% in the March 2017 quarter

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Sales rise 13.93% to Rs 86.05 crore
Net profit of Bhagyanagar India rose 2871.43% to Rs 2.08 crore in the quarter ended March 2017 as against Rs 0.07 crore during the previous quarter ended March 2016. Sales rose 13.93% to Rs 86.05 crore in the quarter ended March 2017 as against Rs 75.53 crore during the previous quarter ended March 2016.For the full year,net profit rose 139.60% to Rs 4.84 crore in the year ended March 2017 as against Rs 2.02 crore during the previous year ended March 2016. Sales rose 3.15% to Rs 290.91 crore in the year ended March 2017 as against Rs 282.03 crore during the previous year ended March 2016.
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First Published: May 19 2017 | 4:52 PM IST