Minda Industries standalone net profit declines 9.34% in the March 2017 quarter
Sales rise 5.02% to Rs 399.64 crore
Net profit of Minda Industries declined 9.34% to Rs 20.19 crore in the quarter ended March 2017 as against Rs 22.27 crore during the previous quarter ended March 2016. Sales rose 5.02% to Rs 399.64 crore in the quarter ended March 2017 as against Rs 380.55 crore during the previous quarter ended March 2016.For the full year,net profit rose 19.47% to Rs 94.82 crore in the year ended March 2017 as against Rs 79.37 crore during the previous year ended March 2016. Sales rose 11.62% to Rs 1639.45 crore in the year ended March 2017 as against Rs 1468.74 crore during the previous year ended March 2016.
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