Elgi Equipments consolidated net profit rises 500.59% in the March 2016 quarter

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Sales rise 16.89% to Rs 407.76 crore
Net profit of Elgi Equipments rose 500.59% to Rs 30.51 crore in the quarter ended March 2016 as against Rs 5.08 crore during the previous quarter ended March 2015. Sales rose 16.89% to Rs 407.76 crore in the quarter ended March 2016 as against Rs 348.85 crore during the previous quarter ended March 2015.For the full year,net profit rose 31.70% to Rs 63.35 crore in the year ended March 2016 as against Rs 48.10 crore during the previous year ended March 2015. Sales rose 7.46% to Rs 1405.53 crore in the year ended March 2016 as against Rs 1307.98 crore during the previous year ended March 2015.
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First Published: May 28 2016 | 11:10 AM IST