Kuwer Industries standalone net profit declines 28.57% in the March 2019 quarter

Capital Market 

Sales decline 16.55% to Rs 10.69 crore

Net profit of declined 28.57% to Rs 0.10 crore in the quarter ended March 2019 as against Rs 0.14 crore during the previous quarter ended March 2018. Sales declined 16.55% to Rs 10.69 crore in the quarter ended March 2019 as against Rs 12.81 crore during the previous quarter ended March 2018.

For the full year,net loss reported to Rs 0.60 crore in the year ended March 2019 as against net profit of Rs 0.19 crore during the previous year ended March 2018. Sales rose 4.07% to Rs 47.52 crore in the year ended March 2019 as against Rs 45.66 crore during the previous year ended March 2018. ParticularsQuarter EndedYear EndedMar. 2019Mar. 2018% Var.Mar. 2019Mar. 2018% Var.Sales10.6912.81 -17 47.5245.66 4 OPM %16.181.09 -4.233.11 - PBDT1.460.25 484 1.431.17 22 PBT0.820.17 382 0.120.31 -61 NP0.100.14 -29 -0.600.19 PL

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First Published: Fri, June 07 2019. 16:31 IST