COSCO (India) standalone net profit rises 245.74% in the March 2017 quarter

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Sales rise 23.32% to Rs 39.71 crore
Net profit of COSCO (India) rose 245.74% to Rs 3.25 crore in the quarter ended March 2017 as against Rs 0.94 crore during the previous quarter ended March 2016. Sales rose 23.32% to Rs 39.71 crore in the quarter ended March 2017 as against Rs 32.20 crore during the previous quarter ended March 2016.For the full year,net profit rose 63.58% to Rs 5.48 crore in the year ended March 2017 as against Rs 3.35 crore during the previous year ended March 2016. Sales rose 7.65% to Rs 135.56 crore in the year ended March 2017 as against Rs 125.93 crore during the previous year ended March 2016.
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First Published: Jun 01 2017 | 4:53 PM IST