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Stovec Industries standalone net profit rises 74.74% in the June 2017 quarter

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Capital Market

Sales rise 53.79% to Rs 62.10 crore

Net profit of Stovec Industries rose 74.74% to Rs 8.30 crore in the quarter ended June 2017 as against Rs 4.75 crore during the previous quarter ended June 2016. Sales rose 53.79% to Rs 62.10 crore in the quarter ended June 2017 as against Rs 40.38 crore during the previous quarter ended June 2016. ParticularsQuarter EndedJun. 2017Jun. 2016% Var.Sales62.1040.38 54 OPM %21.3718.33 -PBDT14.088.32 69 PBT12.707.05 80 NP8.304.75 75

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First Published: Aug 11 2017 | 4:30 PM IST

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