GTN Industries reports standalone net profit of Rs 0.41 crore in the March 2018 quarter

Capital Market 

Sales rise 30.49% to Rs 87.18 crore

Net profit of reported to Rs 0.41 crore in the quarter ended March 2018 as against net loss of Rs 0.75 crore during the previous quarter ended March 2017. Sales rose 30.49% to Rs 87.18 crore in the quarter ended March 2018 as against Rs 66.81 crore during the previous quarter ended March 2017.

For the full year,net loss reported to Rs 6.25 crore in the year ended March 2018 as against net loss of Rs 4.73 crore during the previous year ended March 2017. Sales rose 4.16% to Rs 295.53 crore in the year ended March 2018 as against Rs 283.72 crore during the previous year ended March 2017. ParticularsQuarter EndedYear EndedMar. 2018Mar. 2017% Var.Mar. 2018Mar. 2017% Var.Sales87.1866.81 30 295.53283.72 4 OPM %11.185.93 -6.256.81 - PBDT3.680.68 441 -1.853.10 PL PBT1.44-1.58 LP -10.61-5.67 -87 NP0.41-0.75 LP -6.25-4.73 -32

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