Monnet Q4 net up 9% at Rs 83 cr

Monnet Ispat and Energy on Monday reported a nine per cent rise in net profit at Rs 83 crore for the fourth quarter ended March, 31, buoyed by an 22 per cent increase in total income. The company reported Rs 77 crore net profit in the quarter of the previous financial year. Its total income for the reporting quarter stood at Rs 586 crore against Rs 482 crore in the year-ago period.