Shalimar Wires Industries standalone net profit rises 3207.46% in the March 2017 quarter

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Sales rise 7.18% to Rs 27.18 crore
Net profit of Shalimar Wires Industries rose 3207.46% to Rs 22.16 crore in the quarter ended March 2017 as against Rs 0.67 crore during the previous quarter ended March 2016. Sales rose 7.18% to Rs 27.18 crore in the quarter ended March 2017 as against Rs 25.36 crore during the previous quarter ended March 2016.For the full year,net profit rose 19690.91% to Rs 21.77 crore in the year ended March 2017 as against Rs 0.11 crore during the previous year ended March 2016. Sales rose 6.18% to Rs 101.51 crore in the year ended March 2017 as against Rs 95.60 crore during the previous year ended March 2016.
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First Published: May 17 2017 | 4:28 PM IST