Pradeep Metals standalone net profit rises 122.54% in the March 2017 quarter

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Sales rise 3.40% to Rs 34.03 crore
Net profit of Pradeep Metals rose 122.54% to Rs 1.58 crore in the quarter ended March 2017 as against Rs 0.71 crore during the previous quarter ended March 2016. Sales rose 3.40% to Rs 34.03 crore in the quarter ended March 2017 as against Rs 32.91 crore during the previous quarter ended March 2016.For the full year,net profit rose 37.50% to Rs 5.17 crore in the year ended March 2017 as against Rs 3.76 crore during the previous year ended March 2016. Sales rose 2.07% to Rs 121.56 crore in the year ended March 2017 as against Rs 119.09 crore during the previous year ended March 2016.
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First Published: May 15 2017 | 5:39 PM IST