Oriental Veneer Products standalone net profit rises 330.12% in the March 2018 quarter

Sales rise 13.66% to Rs 38.86 crore

Net profit of Oriental Veneer Products rose 330.12% to Rs 3.57 crore in the quarter ended March 2018 as against Rs 0.83 crore during the previous quarter ended March 2017. Sales rose 13.66% to Rs 38.86 crore in the quarter ended March 2018 as against Rs 34.19 crore during the previous quarter ended March 2017.

For the full year,net profit rose 42.23% to Rs 10.98 crore in the year ended March 2018 as against Rs 7.72 crore during the previous year ended March 2017. Sales rose 19.96% to Rs 117.70 crore in the year ended March 2018 as against Rs 98.12 crore during the previous year ended March 2017.

ParticularsQuarter EndedYear EndedMar. 2018Mar. 2017% Var.Mar. 2018Mar. 2017% Var.Sales38.8634.19 14 117.7098.12 20 OPM %14.576.99 -14.7713.09 - PBDT5.752.08 176 17.8613.00 37 PBT5.441.73 214 16.9112.02 41 NP3.570.83 330 10.987.72 42

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