Sree Rayalaseema Alkalies & Allied Chemicals has reported result for the fourth quarter and year ended March 31, 2017.
The company has posted over 2-fold jump in its net profit at Rs 5.94 crore for the quarter ended March 31, 2017 as compared to Rs 2.23 crore for the same quarter in the previous year. Total income from operations of the company increased marginally by 2.57% at Rs 232.38 crore for quarter under review as compared to Rs 226.55 crore for the quarter ended March 31, 2016.
For the year ended March 31, 2017, the company has posted a fall of 20.39% in its net profit at Rs 19.44 crore as compared to Rs 24.42 crore in FY16. However, total income from operations of company increased by 11.09% at Rs 906.92 crore for year under review as compared to Rs 816.39 crore for the year ended March 31, 2016.
