Nitco reports standalone net profit of Rs 219.14 crore in the March 2018 quarter

Sales decline 9.90% to Rs 158.81 crore

Net profit of Nitco reported to Rs 219.14 crore in the quarter ended March 2018 as against net loss of Rs 8.06 crore during the previous quarter ended March 2017. Sales declined 9.90% to Rs 158.81 crore in the quarter ended March 2018 as against Rs 176.26 crore during the previous quarter ended March 2017.

For the full year,net profit reported to Rs 192.57 crore in the year ended March 2018 as against net loss of Rs 32.16 crore during the previous year ended March 2017. Sales declined 13.92% to Rs 598.73 crore in the year ended March 2018 as against Rs 695.58 crore during the previous year ended March 2017.

ParticularsQuarter EndedYear EndedMar. 2018Mar. 2017% Var.Mar. 2018Mar. 2017% Var.Sales158.81176.26 -10 598.73695.58 -14 OPM %0.890.40 -0.671.01 - PBDT-4.831.23 PL -3.185.82 PL PBT-49.07-8.06 -509 -75.64-32.16 -135 NP219.14-8.06 LP 192.57-32.16 LP

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