Manjeera Constructions standalone net profit rises 542.86% in the March 2015 quarter

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Sales decline 93.36% to Rs 0.77 crore
Net profit of Manjeera Constructions rose 542.86% to Rs 4.05 crore in the quarter ended March 2015 as against Rs 0.63 crore during the previous quarter ended March 2014. Sales declined 93.36% to Rs 0.77 crore in the quarter ended March 2015 as against Rs 11.60 crore during the previous quarter ended March 2014.For the full year,net profit declined 29.87% to Rs 2.70 crore in the year ended March 2015 as against Rs 3.85 crore during the previous year ended March 2014. Sales declined 77.96% to Rs 11.42 crore in the year ended March 2015 as against Rs 51.81 crore during the previous year ended March 2014.
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First Published: Jun 01 2015 | 8:39 AM IST