GRP standalone net profit declines 82.43% in the March 2017 quarter

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Sales decline 7.36% to Rs 72.50 crore
Net profit of GRP declined 82.43% to Rs 0.52 crore in the quarter ended March 2017 as against Rs 2.96 crore during the previous quarter ended March 2016. Sales declined 7.36% to Rs 72.50 crore in the quarter ended March 2017 as against Rs 78.26 crore during the previous quarter ended March 2016.For the full year,net profit rose 4.36% to Rs 8.37 crore in the year ended March 2017 as against Rs 8.02 crore during the previous year ended March 2016. Sales declined 3.54% to Rs 300.29 crore in the year ended March 2017 as against Rs 311.32 crore during the previous year ended March 2016.
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First Published: Jun 01 2017 | 5:15 PM IST