Rural Electrification Corporation standalone net profit declines 36.72% in the March 2018 quarter

Capital Market 

Sales decline 4.77% to Rs 5444.59 crore

Net profit of declined 36.72% to Rs 834.79 crore in the quarter ended March 2018 as against Rs 1319.23 crore during the previous quarter ended March 2017. Sales declined 4.77% to Rs 5444.59 crore in the quarter ended March 2018 as against Rs 5717.39 crore during the previous quarter ended March 2017.

For the full year,net profit declined 25.60% to Rs 4647.00 crore in the year ended March 2018 as against Rs 6245.76 crore during the previous year ended March 2017. Sales declined 5.17% to Rs 21748.95 crore in the year ended March 2018 as against Rs 22935.61 crore during the previous year ended March 2017. ParticularsQuarter EndedYear EndedMar. 2018Mar. 2017% Var.Mar. 2018Mar. 2017% Var.Sales5444.595717.39 -5 21748.9522935.61 -5 OPM %91.3990.61 -94.7496.49 - PBDT1266.631888.74 -33 6857.708865.74 -23 PBT1265.021887.41 -33 6852.098860.70 -23 NP834.791319.23 -37 4647.006245.76 -26

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. 17:03 IST