Sales decline 4.38% to Rs 52.67 crore
Net profit of Stovec Industries rose 14.71% to Rs 5.46 crore in the quarter ended December 2017 as against Rs 4.76 crore during the previous quarter ended December 2016. Sales declined 4.38% to Rs 52.67 crore in the quarter ended December 2017 as against Rs 55.08 crore during the previous quarter ended December 2016.For the full year,net profit rose 14.34% to Rs 25.60 crore in the year ended December 2017 as against Rs 22.39 crore during the previous year ended December 2016. Sales rose 11.44% to Rs 210.08 crore in the year ended December 2017 as against Rs 188.51 crore during the previous year ended December 2016.
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