Finolex Industries standalone net profit declines 1.87% in the March 2018 quarter

Sales decline 8.84% to Rs 809.13 crore

Net profit of Finolex Industries declined 1.87% to Rs 120.95 crore in the quarter ended March 2018 as against Rs 123.26 crore during the previous quarter ended March 2017. Sales declined 8.84% to Rs 809.13 crore in the quarter ended March 2018 as against Rs 887.64 crore during the previous quarter ended March 2017.

For the full year,net profit declined 15.23% to Rs 298.54 crore in the year ended March 2018 as against Rs 352.18 crore during the previous year ended March 2017. Sales rose 5.20% to Rs 2737.79 crore in the year ended March 2018 as against Rs 2602.36 crore during the previous year ended March 2017.

ParticularsQuarter EndedYear EndedMar. 2018Mar. 2017% Var.Mar. 2018Mar. 2017% Var.Sales809.13887.64 -9 2737.792602.36 5 OPM %23.2220.12 -17.6821.64 - PBDT187.31186.77 0 499.43572.02 -13 PBT171.71172.89 -1 438.83516.97 -15 NP120.95123.26 -2 298.54352.18 -15

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