COSCO (India) standalone net profit declines 24.19% in the March 2016 quarter

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Sales rise 9.45% to Rs 32.20 crore
Net profit of COSCO (India) declined 24.19% to Rs 0.94 crore in the quarter ended March 2016 as against Rs 1.24 crore during the previous quarter ended March 2015. Sales rose 9.45% to Rs 32.20 crore in the quarter ended March 2016 as against Rs 29.42 crore during the previous quarter ended March 2015.For the full year,net profit declined 12.07% to Rs 3.35 crore in the year ended March 2016 as against Rs 3.81 crore during the previous year ended March 2015. Sales rose 5.87% to Rs 125.80 crore in the year ended March 2016 as against Rs 118.83 crore during the previous year ended March 2015.
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First Published: Jun 03 2016 | 9:59 AM IST