Prakash Industries has reported results for fourth quarter and year ended March 31, 2017.
The company has reported a rise of 97.18% in its net profit at Rs 34.31 crore for the quarter ended March 31, 2017 as compared to Rs 17.40 crore for the same quarter in the previous year. Total income of the company increased by 28.81% at Rs 699.84 crore for quarter under review as compared to Rs 543.32 crore for the quarter ended March 31, 2016.
For the year ended March 31, 2017, the company has posted over three fold jump in its net profit at Rs 81 crore as compared to Rs 23.38 crore in FY16. Total income of company increased by 5.78 % at Rs 2418.12 crore for year under review as compared to Rs 2286.01 crore for the year ended March 31, 2016.
