Sales decline 29.37% to Rs 1585.77 crore
Net profit of Tube Investments of India rose 391.83% to Rs 725.55 crore in the quarter ended March 2016 as against Rs 147.52 crore during the previous quarter ended March 2015. Sales declined 29.37% to Rs 1585.77 crore in the quarter ended March 2016 as against Rs 2245.09 crore during the previous quarter ended March 2015.For the full year,net profit rose 144.82% to Rs 1038.91 crore in the year ended March 2016 as against Rs 424.36 crore during the previous year ended March 2015. Sales declined 18.22% to Rs 7491.21 crore in the year ended March 2016 as against Rs 9160.07 crore during the previous year ended March 2015.
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