Hatsun Agro Product standalone net profit declines 93.77% in the March 2018 quarter

Capital Market 

Sales decline 13.59% to Rs 1051.58 crore

Net profit of Hatsun Agro Product declined 93.77% to Rs 2.48 crore in the quarter ended March 2018 as against Rs 39.79 crore during the previous quarter ended March 2017. Sales declined 13.59% to Rs 1051.58 crore in the quarter ended March 2018 as against Rs 1216.97 crore during the previous quarter ended March 2017.

For the full year,net profit declined 32.90% to Rs 90.84 crore in the year ended March 2018 as against Rs 135.39 crore during the previous year ended March 2017. Sales rose 2.14% to Rs 4287.37 crore in the year ended March 2018 as against Rs 4197.59 crore during the previous year ended March 2017. ParticularsQuarter EndedYear EndedMar. 2018Mar. 2017% Var.Mar. 2018Mar. 2017% Var.Sales1051.581216.97 -14 4287.374197.59 2 OPM %7.198.02 -8.679.01 - PBDT51.7779.92 -35 292.32314.60 -7 PBT7.1938.21 -81 118.68171.73 -31 NP2.4839.79 -94 90.84135.39 -33

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First Published: Tue, May 22 2018. 15:59 IST