Kothari Industrial Corporation standalone net profit declines 16.84% in the March 2019 quarter

Capital Market 

Sales decline 52.52% to Rs 1.98 crore

Net profit of declined 16.84% to Rs 0.79 crore in the quarter ended March 2019 as against Rs 0.95 crore during the previous quarter ended March 2018. Sales declined 52.52% to Rs 1.98 crore in the quarter ended March 2019 as against Rs 4.17 crore during the previous quarter ended March 2018.

For the full year,net profit reported to Rs 0.61 crore in the year ended March 2019 as against net loss of Rs 2.53 crore during the previous year ended March 2018. Sales rose 10.80% to Rs 16.01 crore in the year ended March 2019 as against Rs 14.45 crore during the previous year ended March 2018. ParticularsQuarter EndedYear EndedMar. 2019Mar. 2018% Var.Mar. 2019Mar. 2018% Var.Sales1.984.17 -53 16.0114.45 11 OPM %-108.59-47.72 --16.55-19.52 - PBDT-1.90-0.53 -258 1.08-0.94 LP PBT-2.032.06 PL 0.61-1.42 LP NP0.790.95 -17 0.61-2.53 LP

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First Published: Tue, June 04 2019. 16:20 IST