Sales decline 14.93% to Rs 51.17 crore
Net profit of Stovec Industries rose 22.43% to Rs 6.66 crore in the quarter ended December 2018 as against Rs 5.44 crore during the previous quarter ended December 2017. Sales declined 14.93% to Rs 51.17 crore in the quarter ended December 2018 as against Rs 60.15 crore during the previous quarter ended December 2017.For the full year,net profit rose 53.99% to Rs 39.56 crore in the year ended December 2018 as against Rs 25.69 crore during the previous year ended December 2017. Sales declined 11.28% to Rs 193.02 crore in the year ended December 2018 as against Rs 217.57 crore during the previous year ended December 2017.
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