Munjal Showa standalone net profit declines 30.55% in the March 2017 quarter

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Sales decline 4.81% to Rs 357.21 crore
Net profit of Munjal Showa declined 30.55% to Rs 9.66 crore in the quarter ended March 2017 as against Rs 13.91 crore during the previous quarter ended March 2016. Sales declined 4.81% to Rs 357.21 crore in the quarter ended March 2017 as against Rs 375.27 crore during the previous quarter ended March 2016.For the full year,net profit declined 7.52% to Rs 56.55 crore in the year ended March 2017 as against Rs 61.15 crore during the previous year ended March 2016. Sales declined 2.81% to Rs 1459.66 crore in the year ended March 2017 as against Rs 1501.84 crore during the previous year ended March 2016.
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First Published: May 19 2017 | 5:11 PM IST