RACL Geartech standalone net profit rises 402.50% in the March 2017 quarter

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Sales rise 6.04% to Rs 29.31 crore
Net profit of RACL Geartech rose 402.50% to Rs 2.01 crore in the quarter ended March 2017 as against Rs 0.40 crore during the previous quarter ended March 2016. Sales rose 6.04% to Rs 29.31 crore in the quarter ended March 2017 as against Rs 27.64 crore during the previous quarter ended March 2016.For the full year,net profit rose 20.54% to Rs 4.46 crore in the year ended March 2017 as against Rs 3.70 crore during the previous year ended March 2016. Sales declined 1.43% to Rs 116.07 crore in the year ended March 2017 as against Rs 117.75 crore during the previous year ended March 2016.
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First Published: May 29 2017 | 12:22 PM IST