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Igarashi Motors India reports 4% fall in Q4 net profit

Igarashi Motors India has reported results for fourth quarter and year ended March 31, 2017.

The company has reported a fall of 3.61% in its net profit at Rs 17.88 crore for the quarter ended March 31, 2017 as compared to Rs 18.55 crore for the same quarter in the previous year. However, total income of the company increased by 1.73% at Rs 131.39 crore for quarter under review as compared to Rs 129.15 crore for the quarter ended March 31, 2016.

For the year ended March 31, 2017, the company has posted a jump of 15.92% in its net profit at Rs 73.77 crore as compared to Rs 63.64 crore in FY16. Total income of the company increased by 13.78% at Rs 522.56 crore for year under review as compared to Rs 459.29 crore for the year ended March 31, 2016.

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