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Vascon Engineers reports over 2 fold jump in Q4 net profit

28 May 2018 Evaluate

Vascon Engineers has 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 5.94 crore for the quarter ended March 31, 2018 as compared to Rs 2.56 crore for the same quarter in the previous year. Total income of the company increased by 41.58% at Rs 120.94 crore for quarter under review as compared to Rs 85.42 crore for the quarter ended March 31, 2017.

For the year ended March 31, 2018, the company has posted a rise of 85.81% in its net profit at Rs 11.39 crore as compared to Rs 6.13 crore for the previous year. Total income of company increased 26.55% at Rs 359.41 crore for year under review as compared to Rs 284.01 crore for year ended March 31, 2017.


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