Elegant Marbles and Grani Industries standalone net profit declines 29.44% in the March 2018 quarter

Sales decline 39.60% to Rs 5.49 crore

Net profit of Elegant Marbles and Grani Industries declined 29.44% to Rs 1.27 crore in the quarter ended March 2018 as against Rs 1.80 crore during the previous quarter ended March 2017. Sales declined 39.60% to Rs 5.49 crore in the quarter ended March 2018 as against Rs 9.09 crore during the previous quarter ended March 2017.

For the full year,net profit declined 26.55% to Rs 4.37 crore in the year ended March 2018 as against Rs 5.95 crore during the previous year ended March 2017. Sales declined 15.56% to Rs 24.04 crore in the year ended March 2018 as against Rs 28.47 crore during the previous year ended March 2017.

ParticularsQuarter EndedYear EndedMar. 2018Mar. 2017% Var.Mar. 2018Mar. 2017% Var.Sales5.499.09 -40 24.0428.47 -16 OPM %-0.556.82 -3.875.34 - PBDT1.352.41 -44 5.417.88 -31 PBT1.312.36 -44 5.247.69 -32 NP1.271.80 -29 4.375.95 -27

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