Modern Insulators standalone net profit rises 103.93% in the March 2018 quarter

Capital Market 

Sales rise 2.18% to Rs 120.83 crore

Net profit of rose 103.93% to Rs 7.26 crore in the quarter ended March 2018 as against Rs 3.56 crore during the previous quarter ended March 2017. Sales rose 2.18% to Rs 120.83 crore in the quarter ended March 2018 as against Rs 118.25 crore during the previous quarter ended March 2017.

For the full year,net profit rose 8.27% to Rs 16.63 crore in the year ended March 2018 as against Rs 15.36 crore during the previous year ended March 2017. Sales rose 4.42% to Rs 403.19 crore in the year ended March 2018 as against Rs 386.14 crore during the previous year ended March 2017. ParticularsQuarter EndedYear EndedMar. 2018Mar. 2017% Var.Mar. 2018Mar. 2017% Var.Sales120.83118.25 2 403.19386.14 4 OPM %8.046.43 -8.089.27 - PBDT9.705.74 69 27.8427.11 3 PBT3.990.04 9875 17.8317.47 2 NP7.263.56 104 16.6315.36 8

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First Published: Mon, June 04 2018. 17:03 IST