Gujarat Ambuja Exports reported results for the fourth quarter and year ended March 31, 2018.
The company has reported a jump of over 2 fold in its net profit at Rs 78.89 crore for the quarter ended March 31, 2018 as compared to Rs 33.65 crore for the same quarter in the previous year. However, total income of the company has decreased by 18.52% at Rs 883.19 crore for quarter under review as compared to Rs 1,083.87 crore for the quarter ended March 31, 2017.
For the year ended March 31, 2018, the company has posted a rise of 13.45% in its net profit at Rs 179.88 crore as compared to Rs 158.55 crore for the same period in the previous year. However, total income of the company decreased marginally by 0.56% at Rs 3,385.74 crore for year under review as compared to Rs 3,404.65 crore for the period ended March 31, 2017.
