AGC Networks reports standalone net profit of Rs 8.40 crore in the March 2018 quarter

Sales rise 53.94% to Rs 91.38 crore

Net profit of AGC Networks reported to Rs 8.40 crore in the quarter ended March 2018 as against net loss of Rs 1.47 crore during the previous quarter ended March 2017. Sales rose 53.94% to Rs 91.38 crore in the quarter ended March 2018 as against Rs 59.36 crore during the previous quarter ended March 2017.

For the full year,net profit reported to Rs 31.74 crore in the year ended March 2018 as against net loss of Rs 16.28 crore during the previous year ended March 2017. Sales rose 23.35% to Rs 303.39 crore in the year ended March 2018 as against Rs 245.96 crore during the previous year ended March 2017.

ParticularsQuarter EndedYear EndedMar. 2018Mar. 2017% Var.Mar. 2018Mar. 2017% Var.Sales91.3859.36 54 303.39245.96 23 OPM %14.511.97 -9.54-2.97 - PBDT8.34-0.99 LP 13.35-23.39 LP PBT7.79-1.47 LP 11.22-25.78 LP NP8.40-1.47 LP 31.74-16.28 LP

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