Sagar Cements standalone net profit declines 75.19% in the March 2017 quarter

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Sales rise 1.55% to Rs 156.77 crore
Net profit of Sagar Cements declined 75.19% to Rs 3.62 crore in the quarter ended March 2017 as against Rs 14.59 crore during the previous quarter ended March 2016. Sales rose 1.55% to Rs 156.77 crore in the quarter ended March 2017 as against Rs 154.38 crore during the previous quarter ended March 2016.For the full year,net profit declined 74.60% to Rs 12.49 crore in the year ended March 2017 as against Rs 49.18 crore during the previous year ended March 2016. Sales declined 13.83% to Rs 535.76 crore in the year ended March 2017 as against Rs 621.76 crore during the previous year ended March 2016.
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First Published: May 30 2017 | 3:27 PM IST