Gilada Finance & Investments standalone net profit declines 77.78% in the March 2018 quarter

Capital Market 

Sales decline 27.00% to Rs 0.73 crore

Net profit of Gilada Finance & Investments declined 77.78% to Rs 0.06 crore in the quarter ended March 2018 as against Rs 0.27 crore during the previous quarter ended March 2017. Sales declined 27.00% to Rs 0.73 crore in the quarter ended March 2018 as against Rs 1.00 crore during the previous quarter ended March 2017.

For the full year,net profit declined 7.69% to Rs 0.84 crore in the year ended March 2018 as against Rs 0.91 crore during the previous year ended March 2017. Sales rose 3.59% to Rs 2.60 crore in the year ended March 2018 as against Rs 2.51 crore during the previous year ended March 2017. ParticularsQuarter EndedYear EndedMar. 2018Mar. 2017% Var.Mar. 2018Mar. 2017% Var.Sales0.731.00 -27 2.602.51 4 OPM %63.0182.00 -62.6971.31 - PBDT0.590.81 -27 1.621.76 -8 PBT0.580.80 -28 1.571.74 -10 NP0.060.27 -78 0.840.91 -8

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First Published: Thu, June 07 2018. 16:00 IST