Niraj Ispat Industries standalone net profit rises 14.81% in the March 2018 quarter

Sales decline 20.67% to Rs 1.42 crore

Net profit of Niraj Ispat Industries rose 14.81% to Rs 0.31 crore in the quarter ended March 2018 as against Rs 0.27 crore during the previous quarter ended March 2017. Sales declined 20.67% to Rs 1.42 crore in the quarter ended March 2018 as against Rs 1.79 crore during the previous quarter ended March 2017.

For the full year,net profit declined 13.51% to Rs 0.96 crore in the year ended March 2018 as against Rs 1.11 crore during the previous year ended March 2017. Sales declined 7.65% to Rs 6.52 crore in the year ended March 2018 as against Rs 7.06 crore during the previous year ended March 2017.

ParticularsQuarter EndedYear EndedMar. 2018Mar. 2017% Var.Mar. 2018Mar. 2017% Var.Sales1.421.79 -21 6.527.06 -8 OPM %22.5432.40 -18.4021.81 - PBDT0.530.62 -15 1.581.91 -17 PBT0.450.53 -15 1.271.61 -21 NP0.310.27 15 0.961.11 -14

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