RACL Geartech standalone net profit declines 60.18% in the March 2019 quarter

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Sales rise 28.38% to Rs 54.20 crore
Net profit of RACL Geartech declined 60.18% to Rs 1.80 crore in the quarter ended March 2019 as against Rs 4.52 crore during the previous quarter ended March 2018. Sales rose 28.38% to Rs 54.20 crore in the quarter ended March 2019 as against Rs 42.22 crore during the previous quarter ended March 2018.For the full year,net profit rose 24.14% to Rs 9.77 crore in the year ended March 2019 as against Rs 7.87 crore during the previous year ended March 2018. Sales rose 38.81% to Rs 189.95 crore in the year ended March 2019 as against Rs 136.84 crore during the previous year ended March 2018.
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First Published: May 25 2019 | 12:49 PM IST