Prakash Industries has reported results for the fourth quarter and year ended March 31, 2018.
The company has reported a rise over 4 fold in its net profit at Rs 152.11 crore for the quarter ended March 31, 2018 as compared to Rs 34.31 crore for the same quarter in the previous year. Total income of the company has increased by 31.02% at Rs 916.96 crore for quarter under review as compared to Rs 699.84 crore for the quarter ended March 31, 2017.
For the year ended March 31, 2018, the company has posted a rise of around 5 fold in its net profit at Rs 386.25 crore as compared to Rs 81.00 crore for the same period in the previous year. Total income of company increased 24.95% at Rs 3021.48 crore for year under review as compared to Rs 2418.12 crore for the period ended March 31, 2017.
