Sales rise 2.04% to Rs 80.54 crore
Net profit of Morarjee Textiles rose 235.19% to Rs 7.24 crore in the quarter ended March 2016 as against Rs 2.16 crore during the previous quarter ended March 2015. Sales rose 2.04% to Rs 80.54 crore in the quarter ended March 2016 as against Rs 78.93 crore during the previous quarter ended March 2015.For the full year,net profit declined 20.27% to Rs 16.52 crore in the year ended March 2016 as against Rs 20.72 crore during the previous year ended March 2015. Sales declined 7.53% to Rs 332.50 crore in the year ended March 2016 as against Rs 359.58 crore during the previous year ended March 2015.
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