Longview Tea Company standalone net profit rises 396.55% in the March 2017 quarter

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Sales rise 250.00% to Rs 0.21 crore
Net profit of Longview Tea Company rose 396.55% to Rs 1.44 crore in the quarter ended March 2017 as against Rs 0.29 crore during the previous quarter ended March 2016. Sales rose 250.00% to Rs 0.21 crore in the quarter ended March 2017 as against Rs 0.06 crore during the previous quarter ended March 2016.For the full year,net profit rose 294.12% to Rs 1.34 crore in the year ended March 2017 as against Rs 0.34 crore during the previous year ended March 2016. Sales declined 33.33% to Rs 0.50 crore in the year ended March 2017 as against Rs 0.75 crore during the previous year ended March 2016.
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First Published: Jun 01 2017 | 2:36 PM IST