Manaksia reports standalone net profit of Rs 2.48 crore in the March 2018 quarter

Sales decline 66.09% to Rs 5.91 crore

Net profit of Manaksia reported to Rs 2.48 crore in the quarter ended March 2018 as against net loss of Rs 1.69 crore during the previous quarter ended March 2017. Sales declined 66.09% to Rs 5.91 crore in the quarter ended March 2018 as against Rs 17.43 crore during the previous quarter ended March 2017.

For the full year,net profit rose 501.51% to Rs 51.67 crore in the year ended March 2018 as against Rs 8.59 crore during the previous year ended March 2017. Sales rose 50.02% to Rs 47.24 crore in the year ended March 2018 as against Rs 31.49 crore during the previous year ended March 2017.

ParticularsQuarter EndedYear EndedMar. 2018Mar. 2017% Var.Mar. 2018Mar. 2017% Var.Sales5.9117.43 -66 47.2431.49 50 OPM %1.02-10.96 --5.48-26.71 - PBDT3.39-1.42 LP 66.1712.68 422 PBT3.28-1.54 LP 65.7112.22 438 NP2.48-1.69 LP 51.678.59 502

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