Glittek Granites standalone net profit declines 57.50% in the March 2019 quarter

Capital Market 

Sales rise 25.65% to Rs 6.32 crore

Net profit of Glittek Granites declined 57.50% to Rs 0.34 crore in the quarter ended March 2019 as against Rs 0.80 crore during the previous quarter ended March 2018. Sales rose 25.65% to Rs 6.32 crore in the quarter ended March 2019 as against Rs 5.03 crore during the previous quarter ended March 2018.

For the full year,net loss reported to Rs 0.90 crore in the year ended March 2019 as against net profit of Rs 1.12 crore during the previous year ended March 2018. Sales declined 10.86% to Rs 21.01 crore in the year ended March 2019 as against Rs 23.57 crore during the previous year ended March 2018. ParticularsQuarter EndedYear EndedMar. 2019Mar. 2018% Var.Mar. 2019Mar. 2018% Var.Sales6.325.03 26 21.0123.57 -11 OPM %9.497.16 -3.628.36 - PBDT0.260.28 -7 -0.231.32 PL PBT0.020.03 -33 -1.220.32 PL NP0.340.80 -58 -0.901.12 PL

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First Published: Mon, June 03 2019. 10:29 IST