Ovobel Foods reports standalone net profit of Rs 11.33 crore in the March 2018 quarter

Sales rise 63.44% to Rs 27.36 crore

Net profit of Ovobel Foods reported to Rs 11.33 crore in the quarter ended March 2018 as against net loss of Rs 0.70 crore during the previous quarter ended March 2017. Sales rose 63.44% to Rs 27.36 crore in the quarter ended March 2018 as against Rs 16.74 crore during the previous quarter ended March 2017.

For the full year,net profit reported to Rs 4.51 crore in the year ended March 2018 as against net loss of Rs 3.51 crore during the previous year ended March 2017. Sales rose 10.71% to Rs 83.42 crore in the year ended March 2018 as against Rs 75.35 crore during the previous year ended March 2017.

ParticularsQuarter EndedYear EndedMar. 2018Mar. 2017% Var.Mar. 2018Mar. 2017% Var.Sales27.3616.74 63 83.4275.35 11 OPM %0.69-2.09 --10.68-8.06 - PBDT12.450.32 3791 6.53-1.87 LP PBT12.10-0.10 LP 5.27-2.91 LP NP11.33-0.70 LP 4.51-3.51 LP

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