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Stovec Industries standalone net profit rises 110.25% in the March 2018 quarter

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Capital Market

Sales decline 18.01% to Rs 43.19 crore

Net profit of Stovec Industries rose 110.25% to Rs 15.18 crore in the quarter ended March 2018 as against Rs 7.22 crore during the previous quarter ended March 2017. Sales declined 18.01% to Rs 43.19 crore in the quarter ended March 2018 as against Rs 52.68 crore during the previous quarter ended March 2017. ParticularsQuarter EndedMar. 2018Mar. 2017% Var.Sales43.1952.68 -18 OPM %26.0521.81 -PBDT12.8112.42 3 PBT10.9411.11 -2 NP15.187.22 110

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First Published: May 03 2018 | 4:01 PM IST

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