Cranex standalone net profit declines 72.06% in the March 2018 quarter

Sales rise 3.54% to Rs 11.12 crore

Net profit of Cranex declined 72.06% to Rs 0.19 crore in the quarter ended March 2018 as against Rs 0.68 crore during the previous quarter ended March 2017. Sales rose 3.54% to Rs 11.12 crore in the quarter ended March 2018 as against Rs 10.74 crore during the previous quarter ended March 2017.

For the full year,net profit declined 22.97% to Rs 0.57 crore in the year ended March 2018 as against Rs 0.74 crore during the previous year ended March 2017. Sales rose 14.02% to Rs 26.03 crore in the year ended March 2018 as against Rs 22.83 crore during the previous year ended March 2017.

ParticularsQuarter EndedYear EndedMar. 2018Mar. 2017% Var.Mar. 2018Mar. 2017% Var.Sales11.1210.74 4 26.0322.83 14 OPM %4.6811.64 -4.036.57 - PBDT0.341.05 -68 0.911.21 -25 PBT0.271.00 -73 0.771.06 -27 NP0.190.68 -72 0.570.74 -23

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