Cochin Minerals & Rutile reports standalone net profit of Rs 2.29 crore in the March 2018 quarter

Sales rise 14.06% to Rs 50.47 crore

Net profit of Cochin Minerals & Rutile reported to Rs 2.29 crore in the quarter ended March 2018 as against net loss of Rs 1.35 crore during the previous quarter ended March 2017. Sales rose 14.06% to Rs 50.47 crore in the quarter ended March 2018 as against Rs 44.25 crore during the previous quarter ended March 2017.

For the full year,net profit reported to Rs 1.34 crore in the year ended March 2018 as against net loss of Rs 5.73 crore during the previous year ended March 2017. Sales rose 10.09% to Rs 163.96 crore in the year ended March 2018 as against Rs 148.93 crore during the previous year ended March 2017.

ParticularsQuarter EndedYear EndedMar. 2018Mar. 2017% Var.Mar. 2018Mar. 2017% Var.Sales50.4744.25 14 163.96148.93 10 OPM %7.93-0.25 -4.62-0.87 - PBDT2.75-1.68 LP 2.87-7.13 LP PBT3.31-1.49 LP 2.18-8.03 LP NP2.29-1.35 LP 1.34-5.73 LP

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