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Stovec Industries standalone net profit rises 21.49% in the March 2017 quarter

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Capital Market

Sales rise 12.16% to Rs 52.68 crore

Net profit of Stovec Industries rose 21.49% to Rs 7.18 crore in the quarter ended March 2017 as against Rs 5.91 crore during the previous quarter ended March 2016. Sales rose 12.16% to Rs 52.68 crore in the quarter ended March 2017 as against Rs 46.97 crore during the previous quarter ended March 2016. ParticularsQuarter EndedMar. 2017Mar. 2016% Var.Sales52.6846.97 12 OPM %21.7018.91 -PBDT12.369.89 25 PBT11.058.66 28 NP7.185.91 21

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First Published: May 12 2017 | 4:27 PM IST

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