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Stovec Industries standalone net profit rises 49.79% in the September 2018 quarter

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Capital Market

Sales rise 7.32% to Rs 45.75 crore

Net profit of Stovec Industries rose 49.79% to Rs 7.04 crore in the quarter ended September 2018 as against Rs 4.70 crore during the previous quarter ended September 2017. Sales rose 7.32% to Rs 45.75 crore in the quarter ended September 2018 as against Rs 42.63 crore during the previous quarter ended September 2017. ParticularsQuarter EndedSep. 2018Sep. 2017% Var.Sales45.7542.63 7 OPM %20.0917.83 -PBDT11.078.81 26 PBT9.997.20 39 NP7.044.70 50

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First Published: Nov 15 2018 | 3:55 PM IST

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