Creative Castings standalone net profit declines 14.04% in the March 2017 quarter

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Sales decline 10.91% to Rs 5.80 crore
Net profit of Creative Castings declined 14.04% to Rs 0.49 crore in the quarter ended March 2017 as against Rs 0.57 crore during the previous quarter ended March 2016. Sales declined 10.91% to Rs 5.80 crore in the quarter ended March 2017 as against Rs 6.51 crore during the previous quarter ended March 2016.For the full year,net profit rose 4.69% to Rs 2.68 crore in the year ended March 2017 as against Rs 2.56 crore during the previous year ended March 2016. Sales rose 3.29% to Rs 25.73 crore in the year ended March 2017 as against Rs 24.91 crore during the previous year ended March 2016.
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First Published: May 29 2017 | 5:07 PM IST