CMI consolidated net profit declines 71.08% in the March 2018 quarter

Capital Market 

Sales rise 18.99% to Rs 159.73 crore

Net profit of CMI declined 71.08% to Rs 6.79 crore in the quarter ended March 2018 as against Rs 23.48 crore during the previous quarter ended March 2017. Sales rose 18.99% to Rs 159.73 crore in the quarter ended March 2018 as against Rs 134.24 crore during the previous quarter ended March 2017.

For the full year,net profit declined 14.17% to Rs 25.81 crore in the year ended March 2018 as against Rs 30.07 crore during the previous year ended March 2017. Sales rose 48.21% to Rs 560.06 crore in the year ended March 2018 as against Rs 377.87 crore during the previous year ended March 2017. ParticularsQuarter EndedYear EndedMar. 2018Mar. 2017% Var.Mar. 2018Mar. 2017% Var.Sales159.73134.24 19 560.06377.87 48 OPM %13.1715.18 -13.5412.86 - PBDT13.0715.08 -13 49.8632.76 52 PBT10.4212.54 -17 39.3822.62 74 NP6.7923.48 -71 25.8130.07 -14

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First Published: Thu, May 31 2018. 15:23 IST