Kay Power & Paper standalone net profit rises 17.33% in the March 2017 quarter

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Sales decline 7.89% to Rs 8.87 crore
Net profit of Kay Power & Paper rose 17.33% to Rs 1.76 crore in the quarter ended March 2017 as against Rs 1.50 crore during the previous quarter ended March 2016. Sales declined 7.89% to Rs 8.87 crore in the quarter ended March 2017 as against Rs 9.63 crore during the previous quarter ended March 2016.For the full year,net profit rose 17.61% to Rs 1.87 crore in the year ended March 2017 as against Rs 1.59 crore during the previous year ended March 2016. Sales declined 0.29% to Rs 34.68 crore in the year ended March 2017 as against Rs 34.78 crore during the previous year ended March 2016.
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First Published: Jun 01 2017 | 4:01 PM IST