Forbes & Company standalone net profit declines 45.59% in the March 2018 quarter

Sales decline 28.45% to Rs 100.30 crore

Net profit of Forbes & Company declined 45.59% to Rs 22.77 crore in the quarter ended March 2018 as against Rs 41.85 crore during the previous quarter ended March 2017. Sales declined 28.45% to Rs 100.30 crore in the quarter ended March 2018 as against Rs 140.19 crore during the previous quarter ended March 2017.

For the full year,net profit declined 57.66% to Rs 40.90 crore in the year ended March 2018 as against Rs 96.61 crore during the previous year ended March 2017. Sales rose 10.28% to Rs 293.70 crore in the year ended March 2018 as against Rs 266.32 crore during the previous year ended March 2017.

ParticularsQuarter EndedYear EndedMar. 2018Mar. 2017% Var.Mar. 2018Mar. 2017% Var.Sales100.30140.19 -28 293.70266.32 10 OPM %26.0421.08 -19.9514.29 - PBDT25.4534.23 -26 54.0386.37 -37 PBT23.3832.43 -28 46.0780.39 -43 NP22.7741.85 -46 40.9096.61 -58

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