Navketan Merchants standalone net profit declines 50.00% in the March 2018 quarter

Capital Market 

Sales decline 85.48% to Rs 0.18 crore

Net profit of declined 50.00% to Rs 0.01 crore in the quarter ended March 2018 as against Rs 0.02 crore during the previous quarter ended March 2017. Sales declined 85.48% to Rs 0.18 crore in the quarter ended March 2018 as against Rs 1.24 crore during the previous quarter ended March 2017.

For the full year,net profit declined 33.33% to Rs 0.02 crore in the year ended March 2018 as against Rs 0.03 crore during the previous year ended March 2017. Sales rose 167.09% to Rs 6.33 crore in the year ended March 2018 as against Rs 2.37 crore during the previous year ended March 2017. ParticularsQuarter EndedYear EndedMar. 2018Mar. 2017% Var.Mar. 2018Mar. 2017% Var.Sales0.181.24 -85 6.332.37 167 OPM %11.112.42 -0.161.69 - PBDT0.020.03 -33 0.030.04 -25 PBT0.020.03 -33 0.030.04 -25 NP0.010.02 -50 0.020.03 -33

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