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Panasonic Carbon reports 16% fall in Q4 net profit

Panasonic Carbon India Company has reported results for fourth quarter and year ended March 31, 2017.

The company has reported a fall of 15.69% in its net profit at Rs 2.74 crore for the quarter ended March 31, 2017 as compared to Rs 3.25 crore for the same quarter in the previous year. Total income from operations of the company decreased by 14.56% at Rs 9.86 crore for quarter under review as compared to Rs 11.54 crore for the quarter ended March 31, 2016.

For the year ended March 31, 2017, the company has posted a rise of 17.31% in its net profit at Rs 15.79 crore as compared to Rs 13.46 crore in FY16. However, total income from operations of company decreased by 0.33% at Rs 48.86 crore for year under review as compared to Rs 49.02 crore for the year ended March 31, 2016.

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