Udaipur Cement Works standalone net profit declines 78.08% in the March 2017 quarter

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Sales rise 42.03% to Rs 31.02 crore
Net profit of Udaipur Cement Works declined 78.08% to Rs 2.56 crore in the quarter ended March 2017 as against Rs 11.68 crore during the previous quarter ended March 2016. Sales rose 42.03% to Rs 31.02 crore in the quarter ended March 2017 as against Rs 21.84 crore during the previous quarter ended March 2016.For the full year,net profit declined 63.55% to Rs 2.85 crore in the year ended March 2017 as against Rs 7.82 crore during the previous year ended March 2016. Sales declined 3.21% to Rs 85.16 crore in the year ended March 2017 as against Rs 87.98 crore during the previous year ended March 2016.
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First Published: May 11 2017 | 1:54 PM IST