Navneet Education standalone net profit declines 10.68% in the March 2018 quarter

Sales rise 3.51% to Rs 212.62 crore

Net profit of Navneet Education declined 10.68% to Rs 15.06 crore in the quarter ended March 2018 as against Rs 16.86 crore during the previous quarter ended March 2017. Sales rose 3.51% to Rs 212.62 crore in the quarter ended March 2018 as against Rs 205.41 crore during the previous quarter ended March 2017.

For the full year,net profit declined 5.21% to Rs 153.21 crore in the year ended March 2018 as against Rs 161.63 crore during the previous year ended March 2017. Sales rose 3.93% to Rs 1132.24 crore in the year ended March 2018 as against Rs 1089.39 crore during the previous year ended March 2017.

ParticularsQuarter EndedYear EndedMar. 2018Mar. 2017% Var.Mar. 2018Mar. 2017% Var.Sales212.62205.41 4 1132.241089.39 4 OPM %11.1814.13 -20.7323.00 - PBDT29.9330.77 -3 257.94270.97 -5 PBT23.5024.38 -4 234.45245.98 -5 NP15.0616.86 -11 153.21161.63 -5

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