Manaksia consolidated net profit declines 34.26% in the March 2017 quarter

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Sales rise 33.07% to Rs 394.37 crore
Net profit of Manaksia declined 34.26% to Rs 18.82 crore in the quarter ended March 2017 as against Rs 28.63 crore during the previous quarter ended March 2016. Sales rose 33.07% to Rs 394.37 crore in the quarter ended March 2017 as against Rs 296.37 crore during the previous quarter ended March 2016.For the full year,net profit rose 8.38% to Rs 101.05 crore in the year ended March 2017 as against Rs 93.24 crore during the previous year ended March 2016. Sales declined 5.30% to Rs 1040.76 crore in the year ended March 2017 as against Rs 1099.01 crore during the previous year ended March 2016.
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First Published: May 19 2017 | 6:54 PM IST