SPML Infra standalone net profit rises 216.88% in the March 2018 quarter

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Sales rise 3.07% to Rs 489.51 crore
Net profit of SPML Infra rose 216.88% to Rs 19.52 crore in the quarter ended March 2018 as against Rs 6.16 crore during the previous quarter ended March 2017. Sales rose 3.07% to Rs 489.51 crore in the quarter ended March 2018 as against Rs 474.92 crore during the previous quarter ended March 2017.For the full year,net profit rose 2873.79% to Rs 43.12 crore in the year ended March 2018 as against Rs 1.45 crore during the previous year ended March 2017. Sales declined 15.84% to Rs 1355.93 crore in the year ended March 2018 as against Rs 1611.11 crore during the previous year ended March 2017.
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First Published: May 25 2018 | 9:24 AM IST