Menon Bearings standalone net profit declines 0.78% in the March 2019 quarter

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Sales rise 3.02% to Rs 39.87 crore
Net profit of Menon Bearings declined 0.78% to Rs 5.07 crore in the quarter ended March 2019 as against Rs 5.11 crore during the previous quarter ended March 2018. Sales rose 3.02% to Rs 39.87 crore in the quarter ended March 2019 as against Rs 38.70 crore during the previous quarter ended March 2018.For the full year,net profit rose 20.08% to Rs 25.30 crore in the year ended March 2019 as against Rs 21.07 crore during the previous year ended March 2018. Sales rose 19.35% to Rs 172.89 crore in the year ended March 2019 as against Rs 144.86 crore during the previous year ended March 2018.
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First Published: Apr 24 2019 | 8:30 AM IST