Maris Spinners standalone net profit rises 50.77% in the March 2018 quarter

Sales decline 11.24% to Rs 30.88 crore

Net profit of Maris Spinners rose 50.77% to Rs 0.98 crore in the quarter ended March 2018 as against Rs 0.65 crore during the previous quarter ended March 2017. Sales declined 11.24% to Rs 30.88 crore in the quarter ended March 2018 as against Rs 34.79 crore during the previous quarter ended March 2017.

For the full year,net profit declined 62.64% to Rs 0.99 crore in the year ended March 2018 as against Rs 2.65 crore during the previous year ended March 2017. Sales rose 3.80% to Rs 122.20 crore in the year ended March 2018 as against Rs 117.73 crore during the previous year ended March 2017.

ParticularsQuarter EndedYear EndedMar. 2018Mar. 2017% Var.Mar. 2018Mar. 2017% Var.Sales30.8834.79 -11 122.20117.73 4 OPM %11.437.19 -8.7010.86 - PBDT2.151.65 30 5.728.05 -29 PBT0.730.30 143 0.742.99 -75 NP0.980.65 51 0.992.65 -63

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