Kaveri Seed Company reports standalone net loss of Rs 18.38 crore in the March 2018 quarter

Capital Market 

Sales rise 3.41% to Rs 41.60 crore

Net Loss of reported to Rs 18.38 crore in the quarter ended March 2018 as against net loss of Rs 87.19 crore during the previous quarter ended March 2017. Sales rose 3.41% to Rs 41.60 crore in the quarter ended March 2018 as against Rs 40.23 crore during the previous quarter ended March 2017.

For the full year,net profit rose 168.05% to Rs 210.34 crore in the year ended March 2018 as against Rs 78.47 crore during the previous year ended March 2017. Sales rose 15.30% to Rs 772.40 crore in the year ended March 2018 as against Rs 669.89 crore during the previous year ended March 2017. ParticularsQuarter EndedYear EndedMar. 2018Mar. 2017% Var.Mar. 2018Mar. 2017% Var.Sales41.6040.23 3 772.40669.89 15 OPM %-32.09-67.51 -28.2320.58 - PBDT-12.02-25.43 53 241.30172.10 40 PBT-17.26-31.99 46 217.95143.61 52 NP-18.38-87.19 79 210.3478.47 168

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First Published: Fri, May 25 2018. 18:21 IST