Galada Power & Telecommunication reports standalone net profit of Rs 5.03 crore in the March 2016 quarter

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Sales rise 154.78% to Rs 2.93 crore
Net profit of Galada Power & Telecommunication reported to Rs 5.03 crore in the quarter ended March 2016 as against net loss of Rs 1.38 crore during the previous quarter ended March 2015. Sales rose 154.78% to Rs 2.93 crore in the quarter ended March 2016 as against Rs 1.15 crore during the previous quarter ended March 2015.For the full year,net profit declined 94.28% to Rs 4.30 crore in the year ended March 2016 as against Rs 75.23 crore during the previous year ended March 2015. Sales rose 37.89% to Rs 8.48 crore in the year ended March 2016 as against Rs 6.15 crore during the previous year ended March 2015.
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First Published: May 26 2016 | 3:33 PM IST