Malu Paper Mills standalone net profit rises 142.67% in the March 2019 quarter

Capital Market 

Sales decline 15.93% to Rs 61.82 crore

Net profit of rose 142.67% to Rs 1.82 crore in the quarter ended March 2019 as against Rs 0.75 crore during the previous quarter ended March 2018. Sales declined 15.93% to Rs 61.82 crore in the quarter ended March 2019 as against Rs 73.53 crore during the previous quarter ended March 2018.

For the full year,net profit rose 408.22% to Rs 7.42 crore in the year ended March 2019 as against Rs 1.46 crore during the previous year ended March 2018. Sales declined 1.68% to Rs 274.45 crore in the year ended March 2019 as against Rs 279.14 crore during the previous year ended March 2018. ParticularsQuarter EndedYear EndedMar. 2019Mar. 2018% Var.Mar. 2019Mar. 2018% Var.Sales61.8273.53 -16 274.45279.14 -2 OPM %6.996.90 -8.566.41 - PBDT2.662.42 10 14.867.05 111 PBT1.481.22 21 10.082.25 348 NP1.820.75 143 7.421.46 408

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First Published: Tue, May 21 2019. 10:31 IST