Kirloskar Pneumatic Company standalone net profit declines 17.84% in the March 2017 quarter

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Sales decline 6.57% to Rs 170.95 crore
Net profit of Kirloskar Pneumatic Company declined 17.84% to Rs 17.18 crore in the quarter ended March 2017 as against Rs 20.91 crore during the previous quarter ended March 2016. Sales declined 6.57% to Rs 170.95 crore in the quarter ended March 2017 as against Rs 182.97 crore during the previous quarter ended March 2016.For the full year,net profit rose 44.86% to Rs 52.70 crore in the year ended March 2017 as against Rs 36.38 crore during the previous year ended March 2016. Sales rose 3.96% to Rs 529.01 crore in the year ended March 2017 as against Rs 508.88 crore during the previous year ended March 2016.
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First Published: May 09 2017 | 5:14 PM IST