Nectar Lifescience standalone net profit declines 54.66% in the March 2018 quarter

Sales rise 37.58% to Rs 593.17 crore

Net profit of Nectar Lifescience declined 54.66% to Rs 3.89 crore in the quarter ended March 2018 as against Rs 8.58 crore during the previous quarter ended March 2017. Sales rose 37.58% to Rs 593.17 crore in the quarter ended March 2018 as against Rs 431.13 crore during the previous quarter ended March 2017.

For the full year,net profit declined 5.41% to Rs 52.15 crore in the year ended March 2018 as against Rs 55.13 crore during the previous year ended March 2017. Sales rose 14.13% to Rs 1875.53 crore in the year ended March 2018 as against Rs 1643.34 crore during the previous year ended March 2017.

ParticularsQuarter EndedYear EndedMar. 2018Mar. 2017% Var.Mar. 2018Mar. 2017% Var.Sales593.17431.13 38 1875.531643.34 14 OPM %8.638.61 -12.6113.66 - PBDT22.3228.94 -23 126.87129.46 -2 PBT6.1511.47 -46 62.5667.21 -7 NP3.898.58 -55 52.1555.13 -5

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