Kavit Industries reports standalone net profit of Rs 0.07 crore in the March 2017 quarter

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Sales rise 93.27% to Rs 63.43 crore
Net profit of Kavit Industries remain constant at Rs 0.07 crore in the quarter ended March 2017 and also during the previous quarter ended March 2016. Sales rose 93.27% to Rs 63.43 crore in the quarter ended March 2017 as against Rs 32.82 crore during the previous quarter ended March 2016.For the full year,net profit rose 462.50% to Rs 0.90 crore in the year ended March 2017 as against Rs 0.16 crore during the previous year ended March 2016. Sales rose 422.76% to Rs 177.53 crore in the year ended March 2017 as against Rs 33.96 crore during the previous year ended March 2016.
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First Published: May 18 2017 | 4:00 PM IST