Gagan Polycot India reports standalone net profit of Rs 0.24 crore in the March 2018 quarter

Sales rise 119.88% to Rs 65.26 crore

Net profit of Gagan Polycot India reported to Rs 0.24 crore in the quarter ended March 2018 as against net loss of Rs 0.11 crore during the previous quarter ended March 2017. Sales rose 119.88% to Rs 65.26 crore in the quarter ended March 2018 as against Rs 29.68 crore during the previous quarter ended March 2017.

For the full year,net profit rose 166.67% to Rs 0.56 crore in the year ended March 2018 as against Rs 0.21 crore during the previous year ended March 2017. Sales rose 80.68% to Rs 190.76 crore in the year ended March 2018 as against Rs 105.58 crore during the previous year ended March 2017.

ParticularsQuarter EndedYear EndedMar. 2018Mar. 2017% Var.Mar. 2018Mar. 2017% Var.Sales65.2629.68 120 190.76105.58 81 OPM %1.411.04 -1.031.24 - PBDT0.580.03 1833 1.170.55 113 PBT0.42-0.04 LP 0.860.33 161 NP0.24-0.11 LP 0.560.21 167

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