Modern Insulators standalone net profit rises 103.93% in the March 2018 quarter

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Sales rise 2.18% to Rs 120.83 crore
Net profit of Modern Insulators rose 103.93% to Rs 7.26 crore in the quarter ended March 2018 as against Rs 3.56 crore during the previous quarter ended March 2017. Sales rose 2.18% to Rs 120.83 crore in the quarter ended March 2018 as against Rs 118.25 crore during the previous quarter ended March 2017.For the full year,net profit rose 8.27% to Rs 16.63 crore in the year ended March 2018 as against Rs 15.36 crore during the previous year ended March 2017. Sales rose 4.42% to Rs 403.19 crore in the year ended March 2018 as against Rs 386.14 crore during the previous year ended March 2017.
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First Published: Jun 04 2018 | 5:03 PM IST