Maha Rashtra Apex Corporation standalone net profit rises 85.84% in the March 2018 quarter

Capital Market 

Sales decline 25.00% to Rs 0.03 crore

Net profit of rose 85.84% to Rs 47.24 crore in the quarter ended March 2018 as against Rs 25.42 crore during the previous quarter ended March 2017. Sales declined 25.00% to Rs 0.03 crore in the quarter ended March 2018 as against Rs 0.04 crore during the previous quarter ended March 2017.

For the full year,net profit rose 103.44% to Rs 51.98 crore in the year ended March 2018 as against Rs 25.55 crore during the previous year ended March 2017. Sales rose 50.00% to Rs 0.69 crore in the year ended March 2018 as against Rs 0.46 crore during the previous year ended March 2017. ParticularsQuarter EndedYear EndedMar. 2018Mar. 2017% Var.Mar. 2018Mar. 2017% Var.Sales0.030.04 -25 0.690.46 50 OPM %-2100.00-850.00 --179.71-191.30 - PBDT47.3121.78 117 51.9823.69 119 PBT47.3021.77 117 51.9523.66 120 NP47.2425.42 86 51.9825.55 103

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First Published: Sat, June 09 2018. 15:27 IST