Kridhan Infra consolidated net profit declines 85.33% in the March 2018 quarter

Capital Market 

Sales decline 2.85% to Rs 177.16 crore

Net profit of Kridhan Infra declined 85.33% to Rs 3.39 crore in the quarter ended March 2018 as against Rs 23.11 crore during the previous quarter ended March 2017. Sales declined 2.85% to Rs 177.16 crore in the quarter ended March 2018 as against Rs 182.35 crore during the previous quarter ended March 2017.

For the full year,net profit declined 76.73% to Rs 39.50 crore in the year ended March 2018 as against Rs 169.72 crore during the previous year ended March 2017. Sales rose 3.53% to Rs 712.48 crore in the year ended March 2018 as against Rs 688.16 crore during the previous year ended March 2017. ParticularsQuarter EndedYear EndedMar. 2018Mar. 2017% Var.Mar. 2018Mar. 2017% Var.Sales177.16182.35 -3 712.48688.16 4 OPM %16.2612.82 -15.3715.20 - PBDT27.0432.21 -16 101.05105.60 -4 PBT20.1618.57 9 60.2366.37 -9 NP3.3923.11 -85 39.50169.72 -77

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First Published: Fri, June 01 2018. 16:31 IST