McNally Bharat Engineering Company reports standalone net profit of Rs 483.92 crore in the March 2017 quarter

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Sales decline 8.60% to Rs 689.47 crore
Net profit of McNally Bharat Engineering Company reported to Rs 483.92 crore in the quarter ended March 2017 as against net loss of Rs 78.05 crore during the previous quarter ended March 2016. Sales declined 8.60% to Rs 689.47 crore in the quarter ended March 2017 as against Rs 754.35 crore during the previous quarter ended March 2016.For the full year,net loss reported to Rs 58.28 crore in the year ended March 2017 as against net loss of Rs 344.25 crore during the previous year ended March 2016. Sales declined 20.81% to Rs 1904.63 crore in the year ended March 2017 as against Rs 2405.02 crore during the previous year ended March 2016.
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First Published: Jun 01 2017 | 5:15 PM IST