Gravita India reports consolidated net loss of Rs 0.58 crore in the March 2019 quarter

Sales decline 6.47% to Rs 338.99 crore

Net loss of Gravita India reported to Rs 0.58 crore in the quarter ended March 2019 as against net profit of Rs 10.77 crore during the previous quarter ended March 2018. Sales declined 6.47% to Rs 338.99 crore in the quarter ended March 2019 as against Rs 362.44 crore during the previous quarter ended March 2018.

For the full year,net profit declined 64.87% to Rs 15.49 crore in the year ended March 2019 as against Rs 44.09 crore during the previous year ended March 2018. Sales rose 22.05% to Rs 1241.73 crore in the year ended March 2019 as against Rs 1017.40 crore during the previous year ended March 2018.

ParticularsQuarter EndedYear EndedMar. 2019Mar. 2018% Var.Mar. 2019Mar. 2018% Var.Sales338.99362.44 -6 1241.731017.40 22 OPM %3.436.89 -4.738.72 - PBDT10.3919.18 -46 41.1572.88 -44 PBT7.2216.84 -57 29.5864.19 -54 NP-0.5810.77 PL 15.4944.09 -65

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