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Stovec Industries standalone net profit rises 33.11% in the March 2016 quarter

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Capital Market

Sales rise 44.33% to Rs 46.69 crore

Net profit of Stovec Industries rose 33.11% to Rs 5.91 crore in the quarter ended March 2016 as against Rs 4.44 crore during the previous quarter ended March 2015. Sales rose 44.33% to Rs 46.69 crore in the quarter ended March 2016 as against Rs 32.35 crore during the previous quarter ended March 2015. ParticularsQuarter EndedMar. 2016Mar. 2015% Var.Sales46.6932.35 44 OPM %19.0223.55 -PBDT9.898.24 20 PBT8.666.69 29 NP5.914.44 33

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First Published: May 05 2016 | 4:01 PM IST

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