Apollo Tricoat Tubes standalone net profit declines 81.11% in the March 2019 quarter

Capital Market 

Sales rise 40.62% to Rs 4.57 crore

Net profit of Apollo Tricoat Tubes declined 81.11% to Rs 0.17 crore in the quarter ended March 2019 as against Rs 0.90 crore during the previous quarter ended March 2018. Sales rose 40.62% to Rs 4.57 crore in the quarter ended March 2019 as against Rs 3.25 crore during the previous quarter ended March 2018.

For the full year,net profit declined 62.03% to Rs 2.65 crore in the year ended March 2019 as against Rs 6.98 crore during the previous year ended March 2018. Sales declined 96.25% to Rs 7.17 crore in the year ended March 2019 as against Rs 191.10 crore during the previous year ended March 2018. ParticularsQuarter EndedYear EndedMar. 2019Mar. 2018% Var.Mar. 2019Mar. 2018% Var.Sales4.573.25 41 7.17191.10 -96 OPM %4.1610.77 --0.426.08 - PBDT0.860.30 187 4.2010.02 -58 PBT0.510.26 96 3.709.85 -62 NP0.170.90 -81 2.656.98 -62

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First Published: Sat, May 18 2019. 14:06 IST