Vardhman Holdings standalone net profit rises 578.08% in the March 2017 quarter

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Sales rise 550.32% to Rs 173.05 crore
Net profit of Vardhman Holdings rose 578.08% to Rs 169.79 crore in the quarter ended March 2017 as against Rs 25.04 crore during the previous quarter ended March 2016. Sales rose 550.32% to Rs 173.05 crore in the quarter ended March 2017 as against Rs 26.61 crore during the previous quarter ended March 2016.For the full year,net profit rose 277.10% to Rs 181.65 crore in the year ended March 2017 as against Rs 48.17 crore during the previous year ended March 2016. Sales rose 260.61% to Rs 186.94 crore in the year ended March 2017 as against Rs 51.84 crore during the previous year ended March 2016.
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First Published: May 16 2017 | 5:49 PM IST