Gujarat Cotex reports standalone net profit of Rs 0.04 crore in the March 2018 quarter

Capital Market 

Sales rise 37.90% to Rs 10.37 crore

Net profit of reported to Rs 0.04 crore in the quarter ended March 2018 as against net loss of Rs 0.63 crore during the previous quarter ended March 2017. Sales rose 37.90% to Rs 10.37 crore in the quarter ended March 2018 as against Rs 7.52 crore during the previous quarter ended March 2017.

For the full year,net profit reported to Rs 0.01 crore in the year ended March 2018 as against net loss of Rs 0.07 crore during the previous year ended March 2017. Sales rose 166.02% to Rs 34.45 crore in the year ended March 2018 as against Rs 12.95 crore during the previous year ended March 2017. ParticularsQuarter EndedYear EndedMar. 2018Mar. 2017% Var.Mar. 2018Mar. 2017% Var.Sales10.377.52 38 34.4512.95 166 OPM %0.68-7.98 -0.12-0.23 - PBDT0.07-0.60 LP 0.04-0.04 LP PBT0.04-0.63 LP 0.01-0.07 LP NP0.04-0.63 LP 0.01-0.07 LP

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First Published: Mon, May 28 2018. 18:18 IST