Ashiana Ispat standalone net profit rises 80.46% in the March 2018 quarter

Sales rise 62.83% to Rs 101.54 crore

Net profit of Ashiana Ispat rose 80.46% to Rs 1.57 crore in the quarter ended March 2018 as against Rs 0.87 crore during the previous quarter ended March 2017. Sales rose 62.83% to Rs 101.54 crore in the quarter ended March 2018 as against Rs 62.36 crore during the previous quarter ended March 2017.

For the full year,net profit rose 13.92% to Rs 3.52 crore in the year ended March 2018 as against Rs 3.09 crore during the previous year ended March 2017. Sales rose 45.00% to Rs 294.65 crore in the year ended March 2018 as against Rs 203.21 crore during the previous year ended March 2017.

ParticularsQuarter EndedYear EndedMar. 2018Mar. 2017% Var.Mar. 2018Mar. 2017% Var.Sales101.5462.36 63 294.65203.21 45 OPM %3.722.57 -4.002.10 - PBDT2.681.58 70 6.755.88 15 PBT2.371.24 91 5.434.42 23 NP1.570.87 80 3.523.09 14

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