Nelcast has reported results for fourth quarter and year ended March 31, 2017.
The company has reported a rise of 32.27% in its net profit at Rs 8.49 crore for the quarter ended March 31, 2017 as compared to Rs 6.42 crore for the same quarter in the previous year. Total income of the company increased by 1.55% at Rs 146.71 crore for quarter under review as compared to Rs 144.47 crore for the quarter ended March 31, 2016.
For the year ended March 31, 2017, the company has posted a rise of 6.64% in its net profit at Rs 33.98 crore as compared to Rs 31.87 crore in FY16. Total income of company increased by 2.09% at Rs 637.64 crore for year under review as compared to Rs 624.60 crore for the year ended March 31, 2016.
