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Stovec Industries standalone net profit rises 25.13% in the September 2016 quarter

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Capital Market

Sales rise 17.34% to Rs 45.20 crore

Net profit of Stovec Industries rose 25.13% to Rs 6.97 crore in the quarter ended September 2016 as against Rs 5.57 crore during the previous quarter ended September 2015. Sales rose 17.34% to Rs 45.20 crore in the quarter ended September 2016 as against Rs 38.52 crore during the previous quarter ended September 2015. ParticularsQuarter EndedSep. 2016Sep. 2015% Var.Sales45.2038.52 17 OPM %24.0923.26 -PBDT11.909.69 23 PBT10.598.48 25 NP6.975.57 25

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First Published: Nov 11 2016 | 12:02 PM IST

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