Kothari Fermentation & Biochem standalone net profit rises 127.05% in the March 2018 quarter

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Sales rise 9.07% to Rs 23.21 crore
Net profit of Kothari Fermentation & Biochem rose 127.05% to Rs 2.77 crore in the quarter ended March 2018 as against Rs 1.22 crore during the previous quarter ended March 2017. Sales rose 9.07% to Rs 23.21 crore in the quarter ended March 2018 as against Rs 21.28 crore during the previous quarter ended March 2017.For the full year,net profit rose 66.04% to Rs 5.33 crore in the year ended March 2018 as against Rs 3.21 crore during the previous year ended March 2017. Sales rose 10.87% to Rs 87.69 crore in the year ended March 2018 as against Rs 79.09 crore during the previous year ended March 2017.
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First Published: May 25 2018 | 9:32 AM IST