Bharat Seats standalone net profit declines 38.87% in the March 2019 quarter

Capital Market 

Sales decline 22.88% to Rs 195.47 crore

Net profit of declined 38.87% to Rs 4.75 crore in the quarter ended March 2019 as against Rs 7.77 crore during the previous quarter ended March 2018. Sales declined 22.88% to Rs 195.47 crore in the quarter ended March 2019 as against Rs 253.46 crore during the previous quarter ended March 2018.

For the full year,net profit declined 24.10% to Rs 21.42 crore in the year ended March 2019 as against Rs 28.22 crore during the previous year ended March 2018. Sales declined 6.88% to Rs 903.57 crore in the year ended March 2019 as against Rs 970.28 crore during the previous year ended March 2018. ParticularsQuarter EndedYear EndedMar. 2019Mar. 2018% Var.Mar. 2019Mar. 2018% Var.Sales195.47253.46 -23 903.57970.28 -7 OPM %4.627.05 -5.496.66 - PBDT11.3617.55 -35 51.8362.62 -17 PBT6.0512.44 -51 31.2243.51 -28 NP4.757.77 -39 21.4228.22 -24

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First Published: Wed, April 24 2019. 08:30 IST