Sonal Adhesives reports standalone net profit of Rs 0.29 crore in the March 2019 quarter

Capital Market 

Sales decline 29.20% to Rs 10.04 crore

Net profit of reported to Rs 0.29 crore in the quarter ended March 2019 as against net loss of Rs 1.71 crore during the previous quarter ended March 2018. Sales declined 29.20% to Rs 10.04 crore in the quarter ended March 2019 as against Rs 14.18 crore during the previous quarter ended March 2018.

For the full year,net loss reported to Rs 1.02 crore in the year ended March 2019 as against net loss of Rs 3.78 crore during the previous year ended March 2018. Sales declined 15.92% to Rs 37.38 crore in the year ended March 2019 as against Rs 44.46 crore during the previous year ended March 2018. ParticularsQuarter EndedYear EndedMar. 2019Mar. 2018% Var.Mar. 2019Mar. 2018% Var.Sales10.0414.18 -29 37.3844.46 -16 OPM %9.06-7.83 --2.65-6.91 - PBDT0.24-0.82 LP -0.64-2.72 76 PBT0.05-1.01 LP -1.39-3.48 60 NP0.29-1.71 LP -1.02-3.78 73

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First Published: Fri, May 31 2019. 14:02 IST