Arvind SmartSpaces consolidated net profit declines 61.80% in the September 2018 quarter

Capital Market 

Sales rise 41.88% to Rs 44.72 crore

Net profit of SmartSpaces declined 61.80% to Rs 1.83 crore in the quarter ended September 2018 as against Rs 4.79 crore during the previous quarter ended September 2017. Sales rose 41.88% to Rs 44.72 crore in the quarter ended September 2018 as against Rs 31.52 crore during the previous quarter ended September 2017. ParticularsQuarter EndedSep. 2018Sep. 2017% Var.Sales44.7231.52 42 OPM %18.0736.64 -PBDT3.777.65 -51 PBT3.497.37 -53 NP1.834.79 -62

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First Published: Sat, November 03 2018. 09:15 IST