Aries Agro reports consolidated net loss of Rs 4.21 crore in the March 2018 quarter

Sales decline 19.43% to Rs 46.37 crore

Net Loss of Aries Agro reported to Rs 4.21 crore in the quarter ended March 2018 as against net loss of Rs 3.87 crore during the previous quarter ended March 2017. Sales declined 19.43% to Rs 46.37 crore in the quarter ended March 2018 as against Rs 57.55 crore during the previous quarter ended March 2017.

For the full year,net profit rose 66.79% to Rs 9.09 crore in the year ended March 2018 as against Rs 5.45 crore during the previous year ended March 2017. Sales rose 15.36% to Rs 291.29 crore in the year ended March 2018 as against Rs 252.51 crore during the previous year ended March 2017.

ParticularsQuarter EndedYear EndedMar. 2018Mar. 2017% Var.Mar. 2018Mar. 2017% Var.Sales46.3757.55 -19 291.29252.51 15 OPM %7.767.42 -16.4316.64 - PBDT-5.10-3.83 -33 18.9818.64 2 PBT-5.69-4.89 -16 16.7111.95 40 NP-4.21-3.87 -9 9.095.45 67

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