Shri Bajarang Alloys standalone net profit declines 34.69% in the March 2018 quarter

Capital Market 

Sales rise 20.67% to Rs 32.99 crore

Net profit of Shri Bajarang Alloys declined 34.69% to Rs 0.32 crore in the quarter ended March 2018 as against Rs 0.49 crore during the previous quarter ended March 2017. Sales rose 20.67% to Rs 32.99 crore in the quarter ended March 2018 as against Rs 27.34 crore during the previous quarter ended March 2017.

For the full year,net profit rose 34.09% to Rs 1.18 crore in the year ended March 2018 as against Rs 0.88 crore during the previous year ended March 2017. Sales rose 34.81% to Rs 100.57 crore in the year ended March 2018 as against Rs 74.60 crore during the previous year ended March 2017. ParticularsQuarter EndedYear EndedMar. 2018Mar. 2017% Var.Mar. 2018Mar. 2017% Var.Sales32.9927.34 21 100.5774.60 35 OPM %4.586.44 -4.485.66 - PBDT0.840.83 1 2.391.51 58 PBT0.570.74 -23 1.651.14 45 NP0.320.49 -35 1.180.88 34

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First Published: Wed, June 13 2018. 16:09 IST