Sales decline 41.37% to Rs 17.73 crore
Net profit of KND Engineering Technologies reported to Rs 3.28 crore in the quarter ended March 2017 as against net loss of Rs 0.85 crore during the previous quarter ended March 2016. Sales declined 41.37% to Rs 17.73 crore in the quarter ended March 2017 as against Rs 30.24 crore during the previous quarter ended March 2016.For the full year,net profit declined 69.57% to Rs 0.56 crore in the year ended March 2017 as against Rs 1.84 crore during the previous year ended March 2016. Sales declined 34.23% to Rs 57.92 crore in the year ended March 2017 as against Rs 88.07 crore during the previous year ended March 2016.
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