Asahi Songwon Colors standalone net profit declines 84.26% in the March 2018 quarter

Sales rise 47.59% to Rs 91.18 crore

Net profit of Asahi Songwon Colors declined 84.26% to Rs 1.76 crore in the quarter ended March 2018 as against Rs 11.18 crore during the previous quarter ended March 2017. Sales rose 47.59% to Rs 91.18 crore in the quarter ended March 2018 as against Rs 61.78 crore during the previous quarter ended March 2017.

For the full year,net profit declined 15.83% to Rs 23.08 crore in the year ended March 2018 as against Rs 27.42 crore during the previous year ended March 2017. Sales rose 15.40% to Rs 292.51 crore in the year ended March 2018 as against Rs 253.47 crore during the previous year ended March 2017.

ParticularsQuarter EndedYear EndedMar. 2018Mar. 2017% Var.Mar. 2018Mar. 2017% Var.Sales91.1861.78 48 292.51253.47 15 OPM %10.2817.59 -13.0818.62 - PBDT4.6616.43 -72 39.1947.50 -17 PBT2.9914.63 -80 31.9740.37 -21 NP1.7611.18 -84 23.0827.42 -16

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