SORIL Infra Resources consolidated net profit declines 59.23% in the March 2018 quarter

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Sales rise 34.37% to Rs 49.53 crore
Net profit of SORIL Infra Resources declined 59.23% to Rs 8.90 crore in the quarter ended March 2018 as against Rs 21.83 crore during the previous quarter ended March 2017. Sales rose 34.37% to Rs 49.53 crore in the quarter ended March 2018 as against Rs 36.86 crore during the previous quarter ended March 2017.For the full year,net profit declined 45.52% to Rs 17.26 crore in the year ended March 2018 as against Rs 31.68 crore during the previous year ended March 2017. Sales declined 16.37% to Rs 164.83 crore in the year ended March 2018 as against Rs 197.10 crore during the previous year ended March 2017.
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First Published: May 03 2018 | 3:55 PM IST