Chemtech Industrial Valves standalone net profit declines 13.56% in the March 2018 quarter

Sales decline 50.22% to Rs 5.63 crore

Net profit of Chemtech Industrial Valves declined 13.56% to Rs 2.04 crore in the quarter ended March 2018 as against Rs 2.36 crore during the previous quarter ended March 2017. Sales declined 50.22% to Rs 5.63 crore in the quarter ended March 2018 as against Rs 11.31 crore during the previous quarter ended March 2017.

For the full year,net profit rose 166.67% to Rs 0.32 crore in the year ended March 2018 as against Rs 0.12 crore during the previous year ended March 2017. Sales rose 2.45% to Rs 48.05 crore in the year ended March 2018 as against Rs 46.90 crore during the previous year ended March 2017.

ParticularsQuarter EndedYear EndedMar. 2018Mar. 2017% Var.Mar. 2018Mar. 2017% Var.Sales5.6311.31 -50 48.0546.90 2 OPM %49.7329.35 -6.786.93 - PBDT2.312.83 -18 1.511.50 1 PBT2.042.54 -20 0.420.33 27 NP2.042.36 -14 0.320.12 167

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