Loyal Textile Mills standalone net profit declines 69.53% in the March 2019 quarter

Sales rise 1.97% to Rs 334.13 crore

Net profit of Loyal Textile Mills declined 69.53% to Rs 3.83 crore in the quarter ended March 2019 as against Rs 12.57 crore during the previous quarter ended March 2018. Sales rose 1.97% to Rs 334.13 crore in the quarter ended March 2019 as against Rs 327.67 crore during the previous quarter ended March 2018.

For the full year,net profit rose 11.48% to Rs 25.73 crore in the year ended March 2019 as against Rs 23.08 crore during the previous year ended March 2018. Sales rose 13.05% to Rs 1306.94 crore in the year ended March 2019 as against Rs 1156.03 crore during the previous year ended March 2018.

ParticularsQuarter EndedYear EndedMar. 2019Mar. 2018% Var.Mar. 2019Mar. 2018% Var.Sales334.13327.67 2 1306.941156.03 13 OPM %7.476.91 -8.739.12 - PBDT15.4222.72 -32 80.4276.99 4 PBT1.178.07 -86 23.0316.51 39 NP3.8312.57 -70 25.7323.08 11

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