Indo Borax & Chemicals standalone net profit rises 71.26% in the March 2018 quarter

Sales rise 64.07% to Rs 31.19 crore

Net profit of Indo Borax & Chemicals rose 71.26% to Rs 4.47 crore in the quarter ended March 2018 as against Rs 2.61 crore during the previous quarter ended March 2017. Sales rose 64.07% to Rs 31.19 crore in the quarter ended March 2018 as against Rs 19.01 crore during the previous quarter ended March 2017.

For the full year,net profit rose 57.81% to Rs 13.13 crore in the year ended March 2018 as against Rs 8.32 crore during the previous year ended March 2017. Sales rose 45.38% to Rs 96.84 crore in the year ended March 2018 as against Rs 66.61 crore during the previous year ended March 2017.

ParticularsQuarter EndedYear EndedMar. 2018Mar. 2017% Var.Mar. 2018Mar. 2017% Var.Sales31.1919.01 64 96.8466.61 45 OPM %20.1715.31 -18.6415.46 - PBDT7.283.94 85 21.4313.34 61 PBT6.943.57 94 20.1011.87 69 NP4.472.61 71 13.138.32 58

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