Kings Infra Ventures reports standalone net loss of Rs 0.63 crore in the March 2019 quarter

Sales decline 33.77% to Rs 4.57 crore

Net loss of Kings Infra Ventures reported to Rs 0.63 crore in the quarter ended March 2019 as against net profit of Rs 0.43 crore during the previous quarter ended March 2018. Sales declined 33.77% to Rs 4.57 crore in the quarter ended March 2019 as against Rs 6.90 crore during the previous quarter ended March 2018.

For the full year,net profit rose 96.67% to Rs 1.18 crore in the year ended March 2019 as against Rs 0.60 crore during the previous year ended March 2018. Sales rose 249.79% to Rs 33.51 crore in the year ended March 2019 as against Rs 9.58 crore during the previous year ended March 2018.

ParticularsQuarter EndedYear EndedMar. 2019Mar. 2018% Var.Mar. 2019Mar. 2018% Var.Sales4.576.90 -34 33.519.58 250 OPM %6.789.42 -9.4612.00 - PBDT0.060.58 -90 2.540.85 199 PBT0.040.57 -93 2.480.82 202 NP-0.630.43 PL 1.180.60 97

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