Poddar Pigments standalone net profit declines 15.94% in the March 2018 quarter

Capital Market 

Sales rise 5.14% to Rs 88.81 crore

Net profit of Pigments declined 15.94% to Rs 4.43 crore in the quarter ended March 2018 as against Rs 5.27 crore during the previous quarter ended March 2017. Sales rose 5.14% to Rs 88.81 crore in the quarter ended March 2018 as against Rs 84.47 crore during the previous quarter ended March 2017.

For the full year,net profit declined 5.72% to Rs 19.11 crore in the year ended March 2018 as against Rs 20.27 crore during the previous year ended March 2017. Sales rose 1.65% to Rs 334.15 crore in the year ended March 2018 as against Rs 328.72 crore during the previous year ended March 2017. ParticularsQuarter EndedYear EndedMar. 2018Mar. 2017% Var.Mar. 2018Mar. 2017% Var.Sales88.8184.47 5 334.15328.72 2 OPM %6.639.04 -7.278.15 - PBDT7.298.58 -15 31.4130.95 1 PBT6.557.72 -15 28.3328.02 1 NP4.435.27 -16 19.1120.27 -6

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First Published: Mon, May 21 2018. 15:48 IST