Prakash Industries standalone net profit rises 343.34% in the March 2018 quarter

Capital Market 

Sales rise 45.04% to Rs 910.45 crore

Net profit of rose 343.34% to Rs 152.11 crore in the quarter ended March 2018 as against Rs 34.31 crore during the previous quarter ended March 2017. Sales rose 45.04% to Rs 910.45 crore in the quarter ended March 2018 as against Rs 627.73 crore during the previous quarter ended March 2017.

For the full year,net profit rose 376.85% to Rs 386.25 crore in the year ended March 2018 as against Rs 81.00 crore during the previous year ended March 2017. Sales rose 35.03% to Rs 2934.81 crore in the year ended March 2018 as against Rs 2173.50 crore during the previous year ended March 2017. ParticularsQuarter EndedYear EndedMar. 2018Mar. 2017% Var.Mar. 2018Mar. 2017% Var.Sales910.45627.73 45 2934.812173.50 35 OPM %22.3913.90 -19.8012.02 - PBDT184.8767.45 174 509.28191.43 166 PBT154.2041.71 270 388.3488.40 339 NP152.1134.31 343 386.2581.00 377

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First Published: Wed, May 02 2018. 08:19 IST