Punjab Tractors Q4 net dips 17%

New Delhi, May 22 (UNI) Punjab Tractors today registered a 17.39 per cent drop in its net profit at Rs 17.38 crore for the quarter ending March 31, 2007 as compared to Rs 21.04 crore for corresponding period last year.

Its Total Revenue also fell by 12.54 per cent to Rs 220.83 crore for the same period as compared to Rs 25.25 crore last fiscal.

The company's net profit declined by 39.70 per cent to Rs 77.98 crore for FY07 as compared to Rs 129.34 crore last year.

Total Revenue dipped by a 0.98 per cent from Rs 964.05 crore last fiscal to Rs 954.63 cror this fiscal.

UNI