McDowell Holdings Q3 net profit at Rs 47.78 lakh

McDowell Holdings today reported a net profit of Rs 47.78 lakh for the third quarter ended on December 31, 2017.

It had posted a net loss of Rs 1.04 crore in the October-December period a year ago, McDowell Holdings said in a BSE filing.

Its total income from operation was up over six-fold to Rs 1 crore during the period under review as against

Rs 15.03 lakh of the corresponding quarter of the last fiscal.

McDowell Holdings total expenses in Q3/FY 2017-18 were at Rs 53.01 lakh.