Mohite Industries reports standalone net loss of Rs 0.34 crore in the March 2018 quarter

Sales decline 5.26% to Rs 26.86 crore

Net Loss of Mohite Industries reported to Rs 0.34 crore in the quarter ended March 2018 as against net loss of Rs 4.50 crore during the previous quarter ended March 2017. Sales declined 5.26% to Rs 26.86 crore in the quarter ended March 2018 as against Rs 28.35 crore during the previous quarter ended March 2017.

For the full year,net profit reported to Rs 1.37 crore in the year ended March 2018 as against net loss of Rs 3.48 crore during the previous year ended March 2017. Sales rose 7.03% to Rs 102.52 crore in the year ended March 2018 as against Rs 95.79 crore during the previous year ended March 2017.

ParticularsQuarter EndedYear EndedMar. 2018Mar. 2017% Var.Mar. 2018Mar. 2017% Var.Sales26.8628.35 -5 102.5295.79 7 OPM %10.6522.54 -16.2721.04 - PBDT0.583.60 -84 8.369.99 -16 PBT-0.541.79 PL 1.172.81 -58 NP-0.34-4.50 92 1.37-3.48 LP

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