HBL Power Systems standalone net profit declines 57.02% in the March 2018 quarter

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Sales rise 3.83% to Rs 414.47 crore
Net profit of HBL Power Systems declined 57.02% to Rs 4.59 crore in the quarter ended March 2018 as against Rs 10.68 crore during the previous quarter ended March 2017. Sales rose 3.83% to Rs 414.47 crore in the quarter ended March 2018 as against Rs 399.17 crore during the previous quarter ended March 2017.For the full year,net profit declined 12.40% to Rs 29.66 crore in the year ended March 2018 as against Rs 33.86 crore during the previous year ended March 2017. Sales rose 13.20% to Rs 1592.93 crore in the year ended March 2018 as against Rs 1407.22 crore during the previous year ended March 2017.
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First Published: May 28 2018 | 5:29 PM IST