Vedavaag Systems standalone net profit rises 479.07% in the March 2017 quarter
Sales rise 135.47% to Rs 41.23 crore
Net profit of Vedavaag Systems rose 479.07% to Rs 2.49 crore in the quarter ended March 2017 as against Rs 0.43 crore during the previous quarter ended March 2016. Sales rose 135.47% to Rs 41.23 crore in the quarter ended March 2017 as against Rs 17.51 crore during the previous quarter ended March 2016.For the full year,net profit rose 68.03% to Rs 9.04 crore in the year ended March 2017 as against Rs 5.38 crore during the previous year ended March 2016. Sales rose 12.59% to Rs 94.10 crore in the year ended March 2017 as against Rs 83.58 crore during the previous year ended March 2016.
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