Excel Industries standalone net profit declines 42.06% in the March 2017 quarter

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Sales rise 1.36% to Rs 115.10 crore
Net profit of Excel Industries declined 42.06% to Rs 4.27 crore in the quarter ended March 2017 as against Rs 7.37 crore during the previous quarter ended March 2016. Sales rose 1.36% to Rs 115.10 crore in the quarter ended March 2017 as against Rs 113.56 crore during the previous quarter ended March 2016.For the full year,net profit rose 77.02% to Rs 44.61 crore in the year ended March 2017 as against Rs 25.20 crore during the previous year ended March 2016. Sales rose 2.40% to Rs 444.99 crore in the year ended March 2017 as against Rs 434.58 crore during the previous year ended March 2016.
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First Published: May 27 2017 | 11:01 AM IST