Maharashtra Scooters standalone net profit declines 97.35% in the March 2017 quarter

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Sales rise 77.46% to Rs 3.07 crore
Net profit of Maharashtra Scooters declined 97.35% to Rs 1.27 crore in the quarter ended March 2017 as against Rs 47.95 crore during the previous quarter ended March 2016. Sales rose 77.46% to Rs 3.07 crore in the quarter ended March 2017 as against Rs 1.73 crore during the previous quarter ended March 2016.For the full year,net profit declined 87.56% to Rs 12.56 crore in the year ended March 2017 as against Rs 101.00 crore during the previous year ended March 2016. Sales declined 5.24% to Rs 8.50 crore in the year ended March 2017 as against Rs 8.97 crore during the previous year ended March 2016.
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First Published: May 16 2017 | 5:48 PM IST