Coral Laboratories standalone net profit declines 29.88% in the March 2018 quarter

Sales decline 9.82% to Rs 26.71 crore

Net profit of Coral Laboratories declined 29.88% to Rs 2.98 crore in the quarter ended March 2018 as against Rs 4.25 crore during the previous quarter ended March 2017. Sales declined 9.82% to Rs 26.71 crore in the quarter ended March 2018 as against Rs 29.62 crore during the previous quarter ended March 2017.

For the full year,net profit declined 23.62% to Rs 12.45 crore in the year ended March 2018 as against Rs 16.30 crore during the previous year ended March 2017. Sales declined 3.14% to Rs 92.47 crore in the year ended March 2018 as against Rs 95.47 crore during the previous year ended March 2017.

ParticularsQuarter EndedYear EndedMar. 2018Mar. 2017% Var.Mar. 2018Mar. 2017% Var.Sales26.7129.62 -10 92.4795.47 -3 OPM %10.8919.38 -16.4124.21 - PBDT5.126.62 -23 19.6126.45 -26 PBT4.716.38 -26 18.0524.89 -27 NP2.984.25 -30 12.4516.30 -24

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