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Century Enka reports 26% fall in Q4 net profit

03 May 2018 Evaluate

Century Enka has reported results for the fourth quarter and year ended March 31, 2018.

The company has reported a fall of 26.22% in its net profit at Rs 17.19 crore for the quarter ended March 31, 2018, as compared to Rs 23.30 crore for the same quarter in the previous year. However, total income of the company increased marginally by 2.03% at Rs 414.69 crore for the quarter under review as compared Rs 406.44 crore for the quarter ended March 31, 2017.

For the year ended March 31, 2018, the company has posted a fall of 22.95% in its net profit at Rs 70.09 crore as compared to Rs 90.97 crore for the same period in the previous year. However, total income of the company increased 8.18% at Rs 1465.52 crore for year under review as compared to Rs 1354.71 crore for the period ended March 31, 2017.

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