United Drilling Tools standalone net profit declines 93.06% in the March 2017 quarter

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Sales decline 69.58% to Rs 5.35 crore
Net profit of United Drilling Tools declined 93.06% to Rs 0.42 crore in the quarter ended March 2017 as against Rs 6.05 crore during the previous quarter ended March 2016. Sales declined 69.58% to Rs 5.35 crore in the quarter ended March 2017 as against Rs 17.59 crore during the previous quarter ended March 2016.For the full year,net profit rose 206.17% to Rs 20.85 crore in the year ended March 2017 as against Rs 6.81 crore during the previous year ended March 2016. Sales rose 129.13% to Rs 80.38 crore in the year ended March 2017 as against Rs 35.08 crore during the previous year ended March 2016.
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First Published: Jun 06 2017 | 5:23 PM IST