Sales rise 8.16% to Rs 188.84 crore
Net profit of Elecon Engineering Company declined 31.81% to Rs 15.54 crore in the quarter ended March 2016 as against Rs 22.79 crore during the previous quarter ended March 2015. Sales rose 8.16% to Rs 188.84 crore in the quarter ended March 2016 as against Rs 174.60 crore during the previous quarter ended March 2015.For the full year,net profit rose 30.01% to Rs 43.15 crore in the year ended March 2016 as against Rs 33.19 crore during the previous year ended March 2015. Sales rose 3.49% to Rs 515.14 crore in the year ended March 2016 as against Rs 497.78 crore during the previous year ended March 2015.
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