Garg Furnace reports standalone net profit of Rs 4.27 crore in the March 2018 quarter

Sales rise 38.82% to Rs 23.53 crore

Net profit of Garg Furnace reported to Rs 4.27 crore in the quarter ended March 2018 as against net loss of Rs 0.13 crore during the previous quarter ended March 2017. Sales rose 38.82% to Rs 23.53 crore in the quarter ended March 2018 as against Rs 16.95 crore during the previous quarter ended March 2017.

For the full year,net loss reported to Rs 0.13 crore in the year ended March 2018 as against net loss of Rs 13.55 crore during the previous year ended March 2017. Sales rose 22.51% to Rs 65.58 crore in the year ended March 2018 as against Rs 53.53 crore during the previous year ended March 2017.

ParticularsQuarter EndedYear EndedMar. 2018Mar. 2017% Var.Mar. 2018Mar. 2017% Var.Sales23.5316.95 39 65.5853.53 23 OPM %-1.151.77 --6.85-21.18 - PBDT4.550.29 1469 -0.09-12.10 99 PBT4.27-0.04 LP -1.40-13.46 90 NP4.27-0.13 LP -0.13-13.55 99

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