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Nirlon reports 51% rise in Q4 net profit

14 May 2018 Evaluate

Nirlon has reported results for fourth quarter and year ended March 31, 2018. 

The company has reported a rise of 50.86% in its net profit at Rs 5.28 crore for the quarter ended March 31, 2018 as compared to Rs 3.50 crore for the same quarter in the previous year. However total income of the company decreased by 3.83% at Rs 74.83 crore for quarter under review as compared to Rs 77.81 crore for the quarter ended March 31, 2017.

For the year ended March 31, 2018, the company has posted a rise of 9.03% in its net profit at Rs 55.69 crore as compared to Rs 51.08 crore for the same period in the previous year. Total income of the company increased marginally by 0.35% at Rs 293.57 crore for year under review as compared to Rs 292.56 crore for the period ended March 31, 2017.


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