Ludlow Jute & Specialities standalone net profit declines 58.57% in the March 2018 quarter

Sales rise 11.65% to Rs 99.39 crore

Net profit of Ludlow Jute & Specialities declined 58.57% to Rs 0.29 crore in the quarter ended March 2018 as against Rs 0.70 crore during the previous quarter ended March 2017. Sales rose 11.65% to Rs 99.39 crore in the quarter ended March 2018 as against Rs 89.02 crore during the previous quarter ended March 2017.

For the full year,net profit declined 73.33% to Rs 1.80 crore in the year ended March 2018 as against Rs 6.75 crore during the previous year ended March 2017. Sales declined 7.15% to Rs 333.74 crore in the year ended March 2018 as against Rs 359.44 crore during the previous year ended March 2017.

ParticularsQuarter EndedYear EndedMar. 2018Mar. 2017% Var.Mar. 2018Mar. 2017% Var.Sales99.3989.02 12 333.74359.44 -7 OPM %1.632.75 -2.674.63 - PBDT1.862.28 -18 8.2015.38 -47 PBT0.730.93 -22 2.9710.07 -71 NP0.290.70 -59 1.806.75 -73

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