Transport Corporation of India standalone net profit declines 26.40% in the March 2017 quarter

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Sales rise 14.52% to Rs 481.63 crore
Net profit of Transport Corporation of India declined 26.40% to Rs 18.54 crore in the quarter ended March 2017 as against Rs 25.19 crore during the previous quarter ended March 2016. Sales rose 14.52% to Rs 481.63 crore in the quarter ended March 2017 as against Rs 420.55 crore during the previous quarter ended March 2016.For the full year,net profit declined 22.49% to Rs 70.26 crore in the year ended March 2017 as against Rs 90.65 crore during the previous year ended March 2016. Sales rose 12.86% to Rs 1804.26 crore in the year ended March 2017 as against Rs 1598.68 crore during the previous year ended March 2016.
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First Published: May 17 2017 | 3:13 PM IST