Triveni Turbine standalone net profit declines 20.58% in the March 2017 quarter

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Sales decline 13.91% to Rs 176.76 crore
Net profit of Triveni Turbine declined 20.58% to Rs 27.17 crore in the quarter ended March 2017 as against Rs 34.21 crore during the previous quarter ended March 2016. Sales declined 13.91% to Rs 176.76 crore in the quarter ended March 2017 as against Rs 205.32 crore during the previous quarter ended March 2016.For the full year,net profit rose 6.62% to Rs 116.18 crore in the year ended March 2017 as against Rs 108.97 crore during the previous year ended March 2016. Sales rose 3.51% to Rs 724.21 crore in the year ended March 2017 as against Rs 699.68 crore during the previous year ended March 2016.
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First Published: May 19 2017 | 5:11 PM IST