Hemang Resources reports standalone net loss of Rs 2.98 crore in the March 2018 quarter

Sales decline 70.01% to Rs 18.79 crore

Net loss of Hemang Resources reported to Rs 2.98 crore in the quarter ended March 2018 as against net profit of Rs 0.71 crore during the previous quarter ended March 2017. Sales declined 70.01% to Rs 18.79 crore in the quarter ended March 2018 as against Rs 62.66 crore during the previous quarter ended March 2017.

For the full year,net loss reported to Rs 11.96 crore in the year ended March 2018 as against net loss of Rs 0.99 crore during the previous year ended March 2017. Sales declined 49.62% to Rs 125.76 crore in the year ended March 2018 as against Rs 249.60 crore during the previous year ended March 2017.

ParticularsQuarter EndedYear EndedMar. 2018Mar. 2017% Var.Mar. 2018Mar. 2017% Var.Sales18.7962.66 -70 125.76249.60 -50 OPM %-65.462.01 --12.671.62 - PBDT-8.310.24 PL -17.28-1.45 -1092 PBT-8.320.23 PL -17.30-1.47 -1077 NP-2.980.71 PL -11.96-0.99 -1108

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