EID Parry (India) consolidated net profit declines 86.52% in the March 2018 quarter

Capital Market 

Sales rise 1.02% to Rs 3343.91 crore

Net profit of (India) declined 86.52% to Rs 40.48 crore in the quarter ended March 2018 as against Rs 300.38 crore during the previous quarter ended March 2017. Sales rose 1.02% to Rs 3343.91 crore in the quarter ended March 2018 as against Rs 3310.30 crore during the previous quarter ended March 2017.

For the full year,net profit declined 26.94% to Rs 517.43 crore in the year ended March 2018 as against Rs 708.25 crore during the previous year ended March 2017. Sales rose 6.65% to Rs 15266.69 crore in the year ended March 2018 as against Rs 14314.42 crore during the previous year ended March 2017. ParticularsQuarter EndedYear EndedMar. 2018Mar. 2017% Var.Mar. 2018Mar. 2017% Var.Sales3343.913310.30 1 15266.6914314.42 7 OPM %7.7512.70 -8.979.96 - PBDT161.08380.74 -58 1206.641167.64 3 PBT95.33317.97 -70 955.34919.60 4 NP40.48300.38 -87 517.43708.25 -27

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First Published: Wed, May 09 2018. 16:00 IST