Sales decline 8.95% to Rs 333.35 crore
Net profit of Gujarat Industries Power Co rose 29.70% to Rs 82.45 crore in the quarter ended March 2017 as against Rs 63.57 crore during the previous quarter ended March 2016. Sales declined 8.95% to Rs 333.35 crore in the quarter ended March 2017 as against Rs 366.13 crore during the previous quarter ended March 2016.For the full year,net profit rose 21.77% to Rs 229.24 crore in the year ended March 2017 as against Rs 188.25 crore during the previous year ended March 2016. Sales declined 3.12% to Rs 1303.81 crore in the year ended March 2017 as against Rs 1345.76 crore during the previous year ended March 2016.
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