High Ground Enterprise standalone net profit declines 68.46% in the March 2018 quarter

Sales rise 67.27% to Rs 223.83 crore

Net profit of High Ground Enterprise declined 68.46% to Rs 5.40 crore in the quarter ended March 2018 as against Rs 17.12 crore during the previous quarter ended March 2017. Sales rose 67.27% to Rs 223.83 crore in the quarter ended March 2018 as against Rs 133.81 crore during the previous quarter ended March 2017.

For the full year,net profit rose 30.19% to Rs 16.30 crore in the year ended March 2018 as against Rs 12.52 crore during the previous year ended March 2017. Sales rose 74.71% to Rs 537.30 crore in the year ended March 2018 as against Rs 307.53 crore during the previous year ended March 2017.

ParticularsQuarter EndedYear EndedMar. 2018Mar. 2017% Var.Mar. 2018Mar. 2017% Var.Sales223.83133.81 67 537.30307.53 75 OPM %4.7814.45 -6.178.15 - PBDT9.6317.98 -46 27.1620.33 34 PBT8.7417.68 -51 25.4019.18 32 NP5.4017.12 -68 16.3012.52 30

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