Garware Polyester standalone net profit rises 115.72% in the March 2018 quarter

Sales decline 0.26% to Rs 219.17 crore

Net profit of Garware Polyester rose 115.72% to Rs 12.49 crore in the quarter ended March 2018 as against Rs 5.79 crore during the previous quarter ended March 2017. Sales declined 0.26% to Rs 219.17 crore in the quarter ended March 2018 as against Rs 219.75 crore during the previous quarter ended March 2017.

For the full year,net profit rose 54.30% to Rs 33.76 crore in the year ended March 2018 as against Rs 21.88 crore during the previous year ended March 2017. Sales declined 4.27% to Rs 823.26 crore in the year ended March 2018 as against Rs 859.98 crore during the previous year ended March 2017.

ParticularsQuarter EndedYear EndedMar. 2018Mar. 2017% Var.Mar. 2018Mar. 2017% Var.Sales219.17219.75 0 823.26859.98 -4 OPM %11.847.06 -10.148.19 - PBDT22.5111.38 98 64.2445.61 41 PBT19.348.18 136 50.8332.54 56 NP12.495.79 116 33.7621.88 54

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