Ginni Filaments reports standalone net loss of Rs 0.12 crore in the March 2018 quarter

Sales decline 12.43% to Rs 177.40 crore

Net loss of Ginni Filaments reported to Rs 0.12 crore in the quarter ended March 2018 as against net profit of Rs 4.14 crore during the previous quarter ended March 2017. Sales declined 12.43% to Rs 177.40 crore in the quarter ended March 2018 as against Rs 202.58 crore during the previous quarter ended March 2017.

For the full year,net profit declined 83.53% to Rs 2.66 crore in the year ended March 2018 as against Rs 16.15 crore during the previous year ended March 2017. Sales declined 8.07% to Rs 703.00 crore in the year ended March 2018 as against Rs 764.68 crore during the previous year ended March 2017.

ParticularsQuarter EndedYear EndedMar. 2018Mar. 2017% Var.Mar. 2018Mar. 2017% Var.Sales177.40202.58 -12 703.00764.68 -8 OPM %7.188.39 -7.4710.18 - PBDT6.5315.60 -58 27.8256.54 -51 PBT-0.068.94 PL 2.1930.31 -93 NP-0.124.14 PL 2.6616.15 -84

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