Maharashtra Scooters standalone net profit rises 1258.36% in the March 2016 quarter

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Sales decline 29.96% to Rs 1.73 crore
Net profit of Maharashtra Scooters rose 1258.36% to Rs 47.95 crore in the quarter ended March 2016 as against Rs 3.53 crore during the previous quarter ended March 2015. Sales declined 29.96% to Rs 1.73 crore in the quarter ended March 2016 as against Rs 2.47 crore during the previous quarter ended March 2015.For the full year,net profit rose 84.44% to Rs 101.00 crore in the year ended March 2016 as against Rs 54.76 crore during the previous year ended March 2015. Sales rose 29.06% to Rs 8.97 crore in the year ended March 2016 as against Rs 6.95 crore during the previous year ended March 2015.
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First Published: May 23 2016 | 3:17 PM IST