Godawari Power & Ispat consolidated net profit rises 515.92% in the March 2018 quarter

Sales rise 29.48% to Rs 742.93 crore

Net profit of Godawari Power & Ispat rose 515.92% to Rs 104.09 crore in the quarter ended March 2018 as against Rs 16.90 crore during the previous quarter ended March 2017. Sales rose 29.48% to Rs 742.93 crore in the quarter ended March 2018 as against Rs 573.76 crore during the previous quarter ended March 2017.

For the full year,net profit reported to Rs 214.69 crore in the year ended March 2018 as against net loss of Rs 73.62 crore during the previous year ended March 2017. Sales rose 40.07% to Rs 2527.39 crore in the year ended March 2018 as against Rs 1804.41 crore during the previous year ended March 2017.

ParticularsQuarter EndedYear EndedMar. 2018Mar. 2017% Var.Mar. 2018Mar. 2017% Var.Sales742.93573.76 29 2527.391804.41 40 OPM %27.9217.81 -23.6216.11 - PBDT145.1850.99 185 342.2546.92 629 PBT112.6620.07 461 210.45-73.17 LP NP104.0916.90 516 214.69-73.62 LP

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