Kwality standalone net profit declines 96.30% in the March 2018 quarter

Capital Market 

Sales rise 11.38% to Rs 1708.96 crore

Net profit of declined 96.30% to Rs 1.29 crore in the quarter ended March 2018 as against Rs 34.86 crore during the previous quarter ended March 2017. Sales rose 11.38% to Rs 1708.96 crore in the quarter ended March 2018 as against Rs 1534.35 crore during the previous quarter ended March 2017.

For the full year,net profit declined 56.72% to Rs 71.11 crore in the year ended March 2018 as against Rs 164.30 crore during the previous year ended March 2017. Sales rose 9.68% to Rs 6724.85 crore in the year ended March 2018 as against Rs 6131.23 crore during the previous year ended March 2017. ParticularsQuarter EndedYear EndedMar. 2018Mar. 2017% Var.Mar. 2018Mar. 2017% Var.Sales1708.961534.35 11 6724.856131.23 10 OPM %8.006.87 -7.286.72 - PBDT69.6450.37 38 269.68255.41 6 PBT36.7437.63 -2 144.12233.70 -38 NP1.2934.86 -96 71.11164.30 -57

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First Published: Tue, May 29 2018. 16:14 IST