Sales decline 87.81% to Rs 9.78 crore
Net profit of Binani Industries declined 56.69% to Rs 8.96 crore in the quarter ended March 2017 as against Rs 20.69 crore during the previous quarter ended March 2016. Sales declined 87.81% to Rs 9.78 crore in the quarter ended March 2017 as against Rs 80.26 crore during the previous quarter ended March 2016.For the full year,net profit declined 44.28% to Rs 10.66 crore in the year ended March 2017 as against Rs 19.13 crore during the previous year ended March 2016. Sales declined 39.00% to Rs 158.97 crore in the year ended March 2017 as against Rs 260.60 crore during the previous year ended March 2016.
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