Jaipan Industries reports standalone nil net profit/loss in the March 2017 quarter

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Sales rise 79.23% to Rs 6.04 crore
Jaipan Industries reported no net profit/loss in the quarter ended March 2017 as against net loss of Rs 0.10 crore during the previous quarter ended March 2016. Sales rose 79.23% to Rs 6.04 crore in the quarter ended March 2017 as against Rs 3.37 crore during the previous quarter ended March 2016.For the full year,net profit declined 20.00% to Rs 0.04 crore in the year ended March 2017 as against Rs 0.05 crore during the previous year ended March 2016. Sales declined 4.94% to Rs 19.62 crore in the year ended March 2017 as against Rs 20.64 crore during the previous year ended March 2016.
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First Published: Jun 01 2017 | 5:45 PM IST