Puravankara standalone net profit declines 41.16% in the March 2018 quarter

Capital Market 

Sales decline 32.89% to Rs 175.90 crore

Net profit of declined 41.16% to Rs 23.46 crore in the quarter ended March 2018 as against Rs 39.87 crore during the previous quarter ended March 2017. Sales declined 32.89% to Rs 175.90 crore in the quarter ended March 2018 as against Rs 262.12 crore during the previous quarter ended March 2017.

For the full year,net profit declined 18.51% to Rs 77.23 crore in the year ended March 2018 as against Rs 94.77 crore during the previous year ended March 2017. Sales declined 9.31% to Rs 885.60 crore in the year ended March 2018 as against Rs 976.47 crore during the previous year ended March 2017. ParticularsQuarter EndedYear EndedMar. 2018Mar. 2017% Var.Mar. 2018Mar. 2017% Var.Sales175.90262.12 -33 885.60976.47 -9 OPM %23.5633.91 -19.5030.18 - PBDT25.5641.28 -38 95.77118.76 -19 PBT23.4638.83 -40 86.99108.78 -20 NP23.4639.87 -41 77.2394.77 -19

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First Published: Sat, May 12 2018. 15:21 IST