Godawari Power & Ispat standalone net profit rises 698.55% in the March 2018 quarter

Capital Market 

Sales rise 37.00% to Rs 622.52 crore

Net profit of rose 698.55% to Rs 88.40 crore in the quarter ended March 2018 as against Rs 11.07 crore during the previous quarter ended March 2017. Sales rose 37.00% to Rs 622.52 crore in the quarter ended March 2018 as against Rs 454.39 crore during the previous quarter ended March 2017.

For the full year,net profit reported to Rs 181.95 crore in the year ended March 2018 as against net loss of Rs 77.43 crore during the previous year ended March 2017. Sales rose 37.51% to Rs 2125.89 crore in the year ended March 2018 as against Rs 1546.02 crore during the previous year ended March 2017. ParticularsQuarter EndedYear EndedMar. 2018Mar. 2017% Var.Mar. 2018Mar. 2017% Var.Sales622.52454.39 37 2125.891546.02 38 OPM %24.5816.45 -20.3310.55 - PBDT110.2130.86 257 255.680.18 141944 PBT88.3211.44 672 166.19-78.00 LP NP88.4011.07 699 181.95-77.43 LP

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First Published: Thu, May 03 2018. 15:55 IST