Net profit of Dynamatic Technologies reported to Rs 8.88 crore in the quarter ended March 2018 as against net loss of Rs 7.46 crore during the previous quarter ended March 2017. Sales rose 4.26% to Rs 391.14 crore in the quarter ended March 2018 as against Rs 375.17 crore during the previous quarter ended March 2017.

For the full year,net profit declined 96.33% to Rs 0.72 crore in the year ended March 2018 as against Rs 19.62 crore during the previous year ended March 2017. Sales declined 7.06% to Rs 1399.70 crore in the year ended March 2018 as against Rs 1506.10 crore during the previous year ended March 2017.

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Net profit of Dynamatic Technologies reported to Rs 6.11 crore in the quarter ended March 2018 as against net loss of Rs 7.21 crore during the previous quarter ended March 2017. Sales rose 18.43% to Rs 161.05 crore in the quarter ended March 2018 as against Rs 135.99 crore during the previous quarter ended March 2017.

For the full year,net profit declined 75.26% to Rs 3.79 crore in the year ended March 2018 as against Rs 15.32 crore during the previous year ended March 2017. Sales rose 11.39% to Rs 562.53 crore in the year ended March 2018 as against Rs 505.03 crore during the previous year ended March 2017.

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Dynamatic Technologies will hold a meeting of the Board of Directors of the Company on 29 May 2018.

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Dynamatic Technologies has signed a Memorandum of Understanding with Daher Aerospace, world renowned Aerospace company from France. The MOU facilitates exploring possibilities of partnering together to add potential value in the global aerospace realm through collaborated efforts.

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