Kalyani Steels standalone net profit declines 20.44% in the March 2018 quarter

Sales rise 11.76% to Rs 356.32 crore

Net profit of Kalyani Steels declined 20.44% to Rs 29.98 crore in the quarter ended March 2018 as against Rs 37.68 crore during the previous quarter ended March 2017. Sales rose 11.76% to Rs 356.32 crore in the quarter ended March 2018 as against Rs 318.83 crore during the previous quarter ended March 2017.

For the full year,net profit declined 26.58% to Rs 114.88 crore in the year ended March 2018 as against Rs 156.48 crore during the previous year ended March 2017. Sales rose 6.90% to Rs 1344.16 crore in the year ended March 2018 as against Rs 1257.42 crore during the previous year ended March 2017.

ParticularsQuarter EndedYear EndedMar. 2018Mar. 2017% Var.Mar. 2018Mar. 2017% Var.Sales356.32318.83 12 1344.161257.42 7 OPM %15.4219.11 -15.1222.87 - PBDT56.0869.41 -19 211.81291.26 -27 PBT46.4957.55 -19 174.59239.23 -27 NP29.9837.68 -20 114.88156.48 -27

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