Aarvee Denims & Exports reports standalone net profit of Rs 0.82 crore in the March 2018 quarter

Capital Market 

Sales decline 15.40% to Rs 224.49 crore

Net profit of reported to Rs 0.82 crore in the quarter ended March 2018 as against net loss of Rs 1.16 crore during the previous quarter ended March 2017. Sales declined 15.40% to Rs 224.49 crore in the quarter ended March 2018 as against Rs 265.37 crore during the previous quarter ended March 2017.

For the full year,net profit rose 218.75% to Rs 5.61 crore in the year ended March 2018 as against Rs 1.76 crore during the previous year ended March 2017. Sales declined 1.59% to Rs 824.42 crore in the year ended March 2018 as against Rs 837.75 crore during the previous year ended March 2017. ParticularsQuarter EndedYear EndedMar. 2018Mar. 2017% Var.Mar. 2018Mar. 2017% Var.Sales224.49265.37 -15 824.42837.75 -2 OPM %9.335.52 -9.738.60 - PBDT10.086.30 60 39.3236.18 9 PBT1.62-1.99 LP 6.382.70 136 NP0.82-1.16 LP 5.611.76 219

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First Published: Thu, May 24 2018. 18:08 IST