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India Nippon Electricals reports 2 fold jump in Q4 net profit

08 May 2018 Evaluate

India Nippon Electricals has reported results for the fourth quarter and year ended March 31, 2018. 

The company has reported 2 fold jump in its net profit at Rs 13.97 crore for the quarter ended March 31, 2018 as compared to Rs 6.11 crore for the same quarter in the previous year. Total income of the company has increased by 24.81% at Rs 124.29 crore for quarter under review as compared to Rs 99.58 crore for the quarter ended March 31, 2017.

For the year ended March 31, 2018, the company has posted a rise of 54.63% in its net profit at Rs 50.10 crore as compared to Rs 32.40 crore for the same period in the previous year. Total income of company increased 17.07% at Rs 478.77 crore for year under review as compared to Rs 408.97 crore for the period ended March 31, 2017.

India Nipon Electric Share Price

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