CMI consolidated net profit declines 71.08% in the March 2018 quarter

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Sales rise 18.99% to Rs 159.73 crore
Net profit of CMI declined 71.08% to Rs 6.79 crore in the quarter ended March 2018 as against Rs 23.48 crore during the previous quarter ended March 2017. Sales rose 18.99% to Rs 159.73 crore in the quarter ended March 2018 as against Rs 134.24 crore during the previous quarter ended March 2017.For the full year,net profit declined 14.17% to Rs 25.81 crore in the year ended March 2018 as against Rs 30.07 crore during the previous year ended March 2017. Sales rose 48.21% to Rs 560.06 crore in the year ended March 2018 as against Rs 377.87 crore during the previous year ended March 2017.
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First Published: May 31 2018 | 3:23 PM IST