Vamshi Rubber standalone net profit rises 183.33% in the March 2017 quarter

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Sales decline 9.76% to Rs 13.96 crore
Net profit of Vamshi Rubber rose 183.33% to Rs 0.51 crore in the quarter ended March 2017 as against Rs 0.18 crore during the previous quarter ended March 2016. Sales declined 9.76% to Rs 13.96 crore in the quarter ended March 2017 as against Rs 15.47 crore during the previous quarter ended March 2016.For the full year,net profit declined 46.56% to Rs 0.70 crore in the year ended March 2017 as against Rs 1.31 crore during the previous year ended March 2016. Sales declined 10.12% to Rs 59.51 crore in the year ended March 2017 as against Rs 66.21 crore during the previous year ended March 2016.
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First Published: May 29 2017 | 5:17 PM IST