Ganesh Housing Corporation consolidated net profit declines 62.34% in the March 2018 quarter

Capital Market 

Sales decline 30.58% to Rs 130.32 crore

Net profit of declined 62.34% to Rs 12.09 crore in the quarter ended March 2018 as against Rs 32.10 crore during the previous quarter ended March 2017. Sales declined 30.58% to Rs 130.32 crore in the quarter ended March 2018 as against Rs 187.73 crore during the previous quarter ended March 2017.

For the full year,net profit declined 26.69% to Rs 50.87 crore in the year ended March 2018 as against Rs 69.39 crore during the previous year ended March 2017. Sales rose 17.28% to Rs 476.04 crore in the year ended March 2018 as against Rs 405.89 crore during the previous year ended March 2017. ParticularsQuarter EndedYear EndedMar. 2018Mar. 2017% Var.Mar. 2018Mar. 2017% Var.Sales130.32187.73 -31 476.04405.89 17 OPM %27.4639.90 -35.9051.73 - PBDT28.1650.01 -44 102.56119.88 -14 PBT27.5149.14 -44 99.98116.36 -14 NP12.0932.10 -62 50.8769.39 -27

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First Published: Mon, June 04 2018. 17:04 IST