KCP Sugar & Industries Corporation reports standalone net loss of Rs 46.79 crore in the March 2018 quarter

Sales decline 28.09% to Rs 67.85 crore

Net loss of KCP Sugar & Industries Corporation reported to Rs 46.79 crore in the quarter ended March 2018 as against net profit of Rs 4.55 crore during the previous quarter ended March 2017. Sales declined 28.09% to Rs 67.85 crore in the quarter ended March 2018 as against Rs 94.35 crore during the previous quarter ended March 2017.

For the full year,net profit declined 84.75% to Rs 8.37 crore in the year ended March 2018 as against Rs 54.89 crore during the previous year ended March 2017. Sales declined 20.06% to Rs 325.12 crore in the year ended March 2018 as against Rs 406.70 crore during the previous year ended March 2017.

ParticularsQuarter EndedYear EndedMar. 2018Mar. 2017% Var.Mar. 2018Mar. 2017% Var.Sales67.8594.35 -28 325.12406.70 -20 OPM %-78.05-0.45 --12.8413.88 - PBDT-59.7110.69 PL 1.6079.07 -98 PBT-65.205.12 PL -7.3469.89 PL NP-46.794.55 PL 8.3754.89 -85

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