Hindustan Wires reports standalone net loss of Rs 0.05 crore in the March 2018 quarter

Sales decline 20.83% to Rs 0.95 crore

Net loss of Hindustan Wires reported to Rs 0.05 crore in the quarter ended March 2018 as against net profit of Rs 0.42 crore during the previous quarter ended March 2017. Sales declined 20.83% to Rs 0.95 crore in the quarter ended March 2018 as against Rs 1.20 crore during the previous quarter ended March 2017.

For the full year,net profit rose 60.12% to Rs 2.77 crore in the year ended March 2018 as against Rs 1.73 crore during the previous year ended March 2017. Sales rose 13.20% to Rs 5.23 crore in the year ended March 2018 as against Rs 4.62 crore during the previous year ended March 2017.

ParticularsQuarter EndedYear EndedMar. 2018Mar. 2017% Var.Mar. 2018Mar. 2017% Var.Sales0.951.20 -21 5.234.62 13 OPM %-8.4215.00 -16.2524.46 - PBDT0.130.48 -73 3.742.65 41 PBT0.090.42 -79 3.572.42 48 NP-0.050.42 PL 2.771.73 60

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