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Maithan Alloys reports marginal fall in Q4 net profit

30 Apr 2018 Evaluate

Maithan Alloys has reported results for the fourth quarter and year ended March 31, 2018.

The company has reported a marginal fall of 1.57% in its net profit at Rs 88.98 crore for the quarter ended March 31, 2018 as compared to Rs 90.39 crore for the same quarter in the previous year. Total income of the company has decreased by 7.14% at Rs 448.29 crore for quarter under review as compared to Rs 482.74 crore for the quarter ended March 31, 2017.

For the year ended March 31, 2018, the company has posted a rise of 57.13% in its net profit at Rs 291.75 crore as compared to Rs 185.67 crore for the same period in the previous year. Total income of company increased 35.23% at Rs 1909.51 crore for year under review as compared to Rs 1412 crore for the period ended March 31, 2017.

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