Universal Cables standalone net profit declines 54.77% in the March 2017 quarter

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Sales rise 15.91% to Rs 250.82 crore
Net profit of Universal Cables declined 54.77% to Rs 5.40 crore in the quarter ended March 2017 as against Rs 11.94 crore during the previous quarter ended March 2016. Sales rose 15.91% to Rs 250.82 crore in the quarter ended March 2017 as against Rs 216.40 crore during the previous quarter ended March 2016.For the full year,net profit rose 45.22% to Rs 28.39 crore in the year ended March 2017 as against Rs 19.55 crore during the previous year ended March 2016. Sales rose 9.23% to Rs 818.21 crore in the year ended March 2017 as against Rs 749.09 crore during the previous year ended March 2016.
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First Published: May 06 2017 | 3:28 PM IST