Macpower CNC Machines achieves more than 79.56% growth of profit in the Financial Year 2019

Macpower CNC Machines announced the Financial Result for the Period that Ended on 31st March, 2019

The Board of Directors of Macpower CNC Machines Limited approved the Financial Result of the company for the year that ended on 31st March, 2019. The revenue of the company stood by Rs.14316.890 Lac on the year that ended on 31st March, 2019.

Macpower CNC Machines Limited had revenue of Rs.6961.710 Lac by the half year that ended on 30th September, 2018, Rs.7355.180 Lac by the six months that ended on 31st March, 2019 compared to Rs.6100.764 Lac in the half year end of 31st March, 2018. A profit growth of Rs.1254.416 Lac was made by the company in the half year end.

The revenue of the company was Rs.14316.890 Lac by the end of 31.3.2019 and Rs.10747.518 Lac by the end of 31.3.2018. The company faces a revenue growth of Rs.3569.372 Lac by the end of 31st March 2019 comparing with end of 31st March, 2018.

Macpower CNC Machines Limited has reportedly made a before tax profit of Rs.953.607 Lac by 30th September, 2018 and Rs.854.621 Lac by the end of 31st March, 2019 quarter. The company made a before tax profit of Rs.1808.228 Lac by 31st March, 2019 which was Rs.733.283 Lac more than what the company made by the year end of 31st March, 2018.

The company made a profit of Rs.660.652 Lac by the end of 30th September, 2019 and Rs.603.811 Lac by the half year that ended on 31.3.2019. The net profit of the company stood at Rs.704.181 on 31.3.2018 which increased to profit of Rs.1264.462 Lac by the end of 31st March, 2019. The profit made by the company by the end of 31st March, 2019 was Rs.560.281 Lac more comparing with the previous year.

Macpower CNC Machines Limited (Macpower) welcomes to the world of machining excellence. More than one and half decades of experience and the vision towards creating a niche have what transformed Macpower into Indias fastest growing CNC Manufacturing Company. This meteoric growth is a result of Macpowers vision of par excellence to manufacture stat e of the art products, adopting the best in technology.