Valson Industries standalone net profit declines 62.72% in the March 2017 quarter

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Sales rise 17.62% to Rs 25.77 crore
Net profit of Valson Industries declined 62.72% to Rs 0.63 crore in the quarter ended March 2017 as against Rs 1.69 crore during the previous quarter ended March 2016. Sales rose 17.62% to Rs 25.77 crore in the quarter ended March 2017 as against Rs 21.91 crore during the previous quarter ended March 2016.For the full year,net profit declined 39.54% to Rs 2.37 crore in the year ended March 2017 as against Rs 3.92 crore during the previous year ended March 2016. Sales rose 9.44% to Rs 100.28 crore in the year ended March 2017 as against Rs 91.63 crore during the previous year ended March 2016.
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First Published: May 29 2017 | 12:24 PM IST