Flex Foods standalone net profit declines 58.93% in the March 2018 quarter

Sales decline 5.31% to Rs 21.59 crore

Net profit of Flex Foods declined 58.93% to Rs 1.77 crore in the quarter ended March 2018 as against Rs 4.31 crore during the previous quarter ended March 2017. Sales declined 5.31% to Rs 21.59 crore in the quarter ended March 2018 as against Rs 22.80 crore during the previous quarter ended March 2017.

For the full year,net profit declined 13.25% to Rs 6.81 crore in the year ended March 2018 as against Rs 7.85 crore during the previous year ended March 2017. Sales rose 8.03% to Rs 87.43 crore in the year ended March 2018 as against Rs 80.93 crore during the previous year ended March 2017.

ParticularsQuarter EndedYear EndedMar. 2018Mar. 2017% Var.Mar. 2018Mar. 2017% Var.Sales21.5922.80 -5 87.4380.93 8 OPM %19.6937.68 -19.3123.54 - PBDT4.157.84 -47 15.6916.09 -2 PBT2.916.62 -56 10.6911.23 -5 NP1.774.31 -59 6.817.85 -13

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