Business Standard

Vascon Engineers reports standalone net profit of Rs 1.90 crore in the March 2017 quarter

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Capital Market

Sales decline 25.47% to Rs 57.48 crore

Net profit of Vascon Engineers reported to Rs 1.90 crore in the quarter ended March 2017 as against net loss of Rs 1.48 crore during the previous quarter ended March 2016. Sales declined 25.47% to Rs 57.48 crore in the quarter ended March 2017 as against Rs 77.12 crore during the previous quarter ended March 2016.

For the full year,net profit declined 42.51% to Rs 4.53 crore in the year ended March 2017 as against Rs 7.88 crore during the previous year ended March 2016. Sales declined 32.58% to Rs 216.60 crore in the year ended March 2017 as against Rs 321.25 crore during the previous year ended March 2016.

 
ParticularsQuarter EndedYear EndedMar. 2017Mar. 2016% Var.Mar. 2017Mar. 2016% Var.Sales57.4877.12 -25 216.60321.25 -33 OPM %-18.02-2.36 --2.456.15 - PBDT2.650.66 302 13.1015.97 -18 PBT0.78-1.36 LP 5.778.03 -28 NP1.90-1.48 LP 4.537.88 -43

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First Published: May 30 2017 | 4:33 PM IST

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