Dredging Corporation of India standalone net profit rises 357.49% in the March 2018 quarter

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Sales rise 17.39% to Rs 152.76 crore
Net profit of Dredging Corporation of India rose 357.49% to Rs 17.11 crore in the quarter ended March 2018 as against Rs 3.74 crore during the previous quarter ended March 2017. Sales rose 17.39% to Rs 152.76 crore in the quarter ended March 2018 as against Rs 130.13 crore during the previous quarter ended March 2017.For the full year,net profit rose 131.31% to Rs 17.14 crore in the year ended March 2018 as against Rs 7.41 crore during the previous year ended March 2017. Sales rose 1.02% to Rs 591.87 crore in the year ended March 2018 as against Rs 585.87 crore during the previous year ended March 2017.
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First Published: May 29 2018 | 4:52 PM IST