Binny reports standalone net profit of Rs 16.72 crore in the March 2018 quarter

Sales rise 48777.78% to Rs 43.99 crore

Net profit of Binny reported to Rs 16.72 crore in the quarter ended March 2018 as against net loss of Rs 20.17 crore during the previous quarter ended March 2017. Sales rose 48777.78% to Rs 43.99 crore in the quarter ended March 2018 as against Rs 0.09 crore during the previous quarter ended March 2017.

For the full year,net profit declined 97.66% to Rs 6.54 crore in the year ended March 2018 as against Rs 279.22 crore during the previous year ended March 2017. Sales declined 89.91% to Rs 45.92 crore in the year ended March 2018 as against Rs 455.32 crore during the previous year ended March 2017.

ParticularsQuarter EndedYear EndedMar. 2018Mar. 2017% Var.Mar. 2018Mar. 2017% Var.Sales43.990.09 48778 45.92455.32 -90 OPM %96.07-29144.44 -89.6393.19 - PBDT39.82-28.04 LP 33.73415.61 -92 PBT39.80-28.09 LP 33.53415.41 -92 NP16.72-20.17 LP 6.54279.22 -98

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