Innovative Tech Pack reports standalone net loss of Rs 1.91 crore in the March 2018 quarter

Sales decline 1.66% to Rs 35.56 crore

Net loss of Innovative Tech Pack reported to Rs 1.91 crore in the quarter ended March 2018 as against net profit of Rs 3.88 crore during the previous quarter ended March 2017. Sales declined 1.66% to Rs 35.56 crore in the quarter ended March 2018 as against Rs 36.16 crore during the previous quarter ended March 2017.

For the full year,net profit declined 64.99% to Rs 3.20 crore in the year ended March 2018 as against Rs 9.14 crore during the previous year ended March 2017. Sales rose 21.24% to Rs 124.13 crore in the year ended March 2018 as against Rs 102.38 crore during the previous year ended March 2017.

ParticularsQuarter EndedYear EndedMar. 2018Mar. 2017% Var.Mar. 2018Mar. 2017% Var.Sales35.5636.16 -2 124.13102.38 21 OPM %15.0225.19 -19.1323.45 - PBDT3.678.14 -55 15.7919.30 -18 PBT1.106.22 -82 6.2111.48 -46 NP-1.913.88 PL 3.209.14 -65

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