Premier Synthetics standalone net profit rises 86.36% in the March 2018 quarter

Capital Market 

Sales rise 805.30% to Rs 11.95 crore

Net profit of Synthetics rose 86.36% to Rs 0.41 crore in the quarter ended March 2018 as against Rs 0.22 crore during the previous quarter ended March 2017. Sales rose 805.30% to Rs 11.95 crore in the quarter ended March 2018 as against Rs 1.32 crore during the previous quarter ended March 2017.

For the full year,net profit rose 100.00% to Rs 1.16 crore in the year ended March 2018 as against Rs 0.58 crore during the previous year ended March 2017. Sales rose 383.21% to Rs 46.34 crore in the year ended March 2018 as against Rs 9.59 crore during the previous year ended March 2017. ParticularsQuarter EndedYear EndedMar. 2018Mar. 2017% Var.Mar. 2018Mar. 2017% Var.Sales11.951.32 805 46.349.59 383 OPM %-1.4228.79 -2.2223.88 - PBDT0.570.38 50 1.802.28 -21 PBT0.410.22 86 1.160.58 100 NP0.410.22 86 1.160.58 100

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First Published: Fri, June 01 2018. 16:13 IST