AksharChem (India) standalone net profit declines 24.43% in the March 2019 quarter

Capital Market 

Sales rise 4.72% to Rs 80.12 crore

Net profit of (India) declined 24.43% to Rs 3.65 crore in the quarter ended March 2019 as against Rs 4.83 crore during the previous quarter ended March 2018. Sales rose 4.72% to Rs 80.12 crore in the quarter ended March 2019 as against Rs 76.51 crore during the previous quarter ended March 2018.

For the full year,net profit declined 26.08% to Rs 22.59 crore in the year ended March 2019 as against Rs 30.56 crore during the previous year ended March 2018. Sales rose 22.18% to Rs 322.88 crore in the year ended March 2019 as against Rs 264.26 crore during the previous year ended March 2018. ParticularsQuarter EndedYear EndedMar. 2019Mar. 2018% Var.Mar. 2019Mar. 2018% Var.Sales80.1276.51 5 322.88264.26 22 OPM %6.7112.50 -10.6815.74 - PBDT7.209.50 -24 38.9247.16 -17 PBT5.408.74 -38 33.4142.56 -21 NP3.654.83 -24 22.5930.56 -26

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First Published: Wed, May 15 2019. 17:12 IST