Kay Power & Paper standalone net profit declines 85.23% in the March 2018 quarter

Sales rise 24.58% to Rs 11.05 crore

Net profit of Kay Power & Paper declined 85.23% to Rs 0.26 crore in the quarter ended March 2018 as against Rs 1.76 crore during the previous quarter ended March 2017. Sales rose 24.58% to Rs 11.05 crore in the quarter ended March 2018 as against Rs 8.87 crore during the previous quarter ended March 2017.

For the full year,net profit declined 64.17% to Rs 0.67 crore in the year ended March 2018 as against Rs 1.87 crore during the previous year ended March 2017. Sales rose 20.36% to Rs 41.74 crore in the year ended March 2018 as against Rs 34.68 crore during the previous year ended March 2017.

ParticularsQuarter EndedYear EndedMar. 2018Mar. 2017% Var.Mar. 2018Mar. 2017% Var.Sales11.058.87 25 41.7434.68 20 OPM %4.16-5.75 -3.40-1.96 - PBDT16.192.07 682 17.282.78 522 PBT16.011.76 810 16.421.87 778 NP0.261.76 -85 0.671.87 -64

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