NESCO standalone net profit declines 14.82% in the March 2017 quarter
Sales rise 7.46% to Rs 77.64 crore
Net profit of NESCO declined 14.82% to Rs 34.48 crore in the quarter ended March 2017 as against Rs 40.48 crore during the previous quarter ended March 2016. Sales rose 7.46% to Rs 77.64 crore in the quarter ended March 2017 as against Rs 72.25 crore during the previous quarter ended March 2016.For the full year,net profit rose 17.54% to Rs 169.42 crore in the year ended March 2017 as against Rs 144.14 crore during the previous year ended March 2016. Sales rose 17.03% to Rs 305.75 crore in the year ended March 2017 as against Rs 261.25 crore during the previous year ended March 2016.
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