MPS consolidated net profit declines 28.87% in the March 2017 quarter
Sales rise 9.95% to Rs 71.63 crore
Net profit of MPS declined 28.87% to Rs 15.87 crore in the quarter ended March 2017 as against Rs 22.31 crore during the previous quarter ended March 2016. Sales rose 9.95% to Rs 71.63 crore in the quarter ended March 2017 as against Rs 65.15 crore during the previous quarter ended March 2016.For the full year,net profit declined 1.80% to Rs 69.96 crore in the year ended March 2017 as against Rs 71.24 crore during the previous year ended March 2016. Sales rose 12.24% to Rs 288.70 crore in the year ended March 2017 as against Rs 257.21 crore during the previous year ended March 2016.
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