Tips Industries standalone net profit declines 32.08% in the March 2018 quarter

Capital Market 

Sales rise 17.23% to Rs 14.56 crore

Net profit of declined 32.08% to Rs 0.36 crore in the quarter ended March 2018 as against Rs 0.53 crore during the previous quarter ended March 2017. Sales rose 17.23% to Rs 14.56 crore in the quarter ended March 2018 as against Rs 12.42 crore during the previous quarter ended March 2017.

For the full year,net profit rose 5.00% to Rs 3.15 crore in the year ended March 2018 as against Rs 3.00 crore during the previous year ended March 2017. Sales rose 1.00% to Rs 47.49 crore in the year ended March 2018 as against Rs 47.02 crore during the previous year ended March 2017. ParticularsQuarter EndedYear EndedMar. 2018Mar. 2017% Var.Mar. 2018Mar. 2017% Var.Sales14.5612.42 17 47.4947.02 1 OPM %62.0962.96 -56.9657.68 - PBDT9.0318.11 -50 22.8836.30 -37 PBT0.480.69 -30 4.024.32 -7 NP0.360.53 -32 3.153.00 5

Powered by Capital Market - Live News

(This story has not been edited by Business Standard staff and is auto-generated from a syndicated feed.)

First Published: Tue, May 29 2018. 16:53 IST