Porwal Auto Components standalone net profit declines 34.59% in the March 2017 quarter

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Sales decline 1.06% to Rs 24.20 crore
Net profit of Porwal Auto Components declined 34.59% to Rs 1.04 crore in the quarter ended March 2017 as against Rs 1.59 crore during the previous quarter ended March 2016. Sales declined 1.06% to Rs 24.20 crore in the quarter ended March 2017 as against Rs 24.46 crore during the previous quarter ended March 2016.For the full year,net profit declined 6.73% to Rs 2.08 crore in the year ended March 2017 as against Rs 2.23 crore during the previous year ended March 2016. Sales rose 11.16% to Rs 91.75 crore in the year ended March 2017 as against Rs 82.54 crore during the previous year ended March 2016.
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First Published: May 29 2017 | 2:58 PM IST