Ganesh Foundry & Castings standalone net profit declines 50.00% in the March 2018 quarter

Sales rise 22.00% to Rs 15.97 crore

Net profit of Ganesh Foundry & Castings declined 50.00% to Rs 0.25 crore in the quarter ended March 2018 as against Rs 0.50 crore during the previous quarter ended March 2017. Sales rose 22.00% to Rs 15.97 crore in the quarter ended March 2018 as against Rs 13.09 crore during the previous quarter ended March 2017.

For the full year,net loss reported to Rs 0.44 crore in the year ended March 2018 as against net loss of Rs 0.36 crore during the previous year ended March 2017. Sales rose 24.43% to Rs 50.78 crore in the year ended March 2018 as against Rs 40.81 crore during the previous year ended March 2017.

ParticularsQuarter EndedYear EndedMar. 2018Mar. 2017% Var.Mar. 2018Mar. 2017% Var.Sales15.9713.09 22 50.7840.81 24 OPM %0.56-1.30 --0.41-3.41 - PBDT0.920.51 80 0.62-0.35 LP PBT0.680.37 84 -0.01-0.89 99 NP0.250.50 -50 -0.44-0.36 -22

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