Ugar Sugar Works reports standalone net loss of Rs 1.80 crore in the March 2018 quarter

Capital Market 

Sales rise 20.91% to Rs 211.48 crore

Net loss of reported to Rs 1.80 crore in the quarter ended March 2018 as against net profit of Rs 21.16 crore during the previous quarter ended March 2017. Sales rose 20.91% to Rs 211.48 crore in the quarter ended March 2018 as against Rs 174.91 crore during the previous quarter ended March 2017.

For the full year,net loss reported to Rs 68.19 crore in the year ended March 2018 as against net profit of Rs 25.97 crore during the previous year ended March 2017. Sales rose 11.21% to Rs 649.88 crore in the year ended March 2018 as against Rs 584.37 crore during the previous year ended March 2017. ParticularsQuarter EndedYear EndedMar. 2018Mar. 2017% Var.Mar. 2018Mar. 2017% Var.Sales211.48174.91 21 649.88584.37 11 OPM %4.7418.45 --3.2611.05 - PBDT1.9226.10 -93 -46.8542.64 PL PBT-5.7722.02 PL -66.3327.96 PL NP-1.8021.16 PL -68.1925.97 PL

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First Published: Sat, May 26 2018. 17:45 IST