Sales decline 15.40% to Rs 224.49 crore
Net profit of Aarvee Denims & Exports 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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