Indo Tech Transformers standalone net profit declines 77.78% in the March 2019 quarter

Capital Market 

Sales decline 2.73% to Rs 67.72 crore

Net profit of Indo Tech Transformers declined 77.78% to Rs 0.10 crore in the quarter ended March 2019 as against Rs 0.45 crore during the previous quarter ended March 2018. Sales declined 2.73% to Rs 67.72 crore in the quarter ended March 2019 as against Rs 69.62 crore during the previous quarter ended March 2018.

For the full year,net loss reported to Rs 8.39 crore in the year ended March 2019 as against net loss of Rs 3.71 crore during the previous year ended March 2018. Sales declined 3.08% to Rs 213.39 crore in the year ended March 2019 as against Rs 220.17 crore during the previous year ended March 2018. ParticularsQuarter EndedYear EndedMar. 2019Mar. 2018% Var.Mar. 2019Mar. 2018% Var.Sales67.7269.62 -3 213.39220.17 -3 OPM %2.100.20 --1.84-1.39 - PBDT1.871.64 14 -3.201.03 PL PBT0.100.45 -78 -8.39-3.71 -126 NP0.100.45 -78 -8.39-3.71 -126

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First Published: Wed, May 22 2019. 17:21 IST