Tirupati Tyres reports standalone net profit of Rs 0.01 crore in the March 2017 quarter

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Sales decline 18.87% to Rs 2.15 crore
Net profit of Tirupati Tyres remain constant at Rs 0.01 crore in the quarter ended March 2017 and also during the previous quarter ended March 2016. Sales declined 18.87% to Rs 2.15 crore in the quarter ended March 2017 as against Rs 2.65 crore during the previous quarter ended March 2016.For the full year,net profit declined 90.00% to Rs 0.01 crore in the year ended March 2017 as against Rs 0.10 crore during the previous year ended March 2016. Sales declined 20.39% to Rs 7.26 crore in the year ended March 2017 as against Rs 9.12 crore during the previous year ended March 2016.
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First Published: May 30 2017 | 3:30 PM IST