Everest Kanto Cylinder standalone net profit declines 88.63% in the March 2018 quarter

Capital Market 

Sales rise 63.13% to Rs 108.06 crore

Net profit of declined 88.63% to Rs 11.36 crore in the quarter ended March 2018 as against Rs 99.94 crore during the previous quarter ended March 2017. Sales rose 63.13% to Rs 108.06 crore in the quarter ended March 2018 as against Rs 66.24 crore during the previous quarter ended March 2017.

For the full year,net profit declined 81.74% to Rs 13.05 crore in the year ended March 2018 as against Rs 71.48 crore during the previous year ended March 2017. Sales rose 32.29% to Rs 322.79 crore in the year ended March 2018 as against Rs 244.01 crore during the previous year ended March 2017. ParticularsQuarter EndedYear EndedMar. 2018Mar. 2017% Var.Mar. 2018Mar. 2017% Var.Sales108.0666.24 63 322.79244.01 32 OPM %17.641.62 -15.0914.93 - PBDT18.441.57 1075 40.1310.98 265 PBT15.32-1.56 LP 27.44-3.77 LP NP11.3699.94 -89 13.0571.48 -82

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First Published: Fri, June 08 2018. 11:08 IST