Precision Electronics standalone net profit declines 43.22% in the March 2018 quarter

Sales rise 39.56% to Rs 14.50 crore

Net profit of Precision Electronics declined 43.22% to Rs 2.01 crore in the quarter ended March 2018 as against Rs 3.54 crore during the previous quarter ended March 2017. Sales rose 39.56% to Rs 14.50 crore in the quarter ended March 2018 as against Rs 10.39 crore during the previous quarter ended March 2017.

For the full year,net loss reported to Rs 1.52 crore in the year ended March 2018 as against net loss of Rs 0.12 crore during the previous year ended March 2017. Sales rose 42.63% to Rs 34.36 crore in the year ended March 2018 as against Rs 24.09 crore during the previous year ended March 2017.

ParticularsQuarter EndedYear EndedMar. 2018Mar. 2017% Var.Mar. 2018Mar. 2017% Var.Sales14.5010.39 40 34.3624.09 43 OPM %23.5959.10 -0.3810.09 - PBDT2.956.08 -51 -1.261.59 PL PBT2.745.82 -53 -2.190.52 PL NP2.013.54 -43 -1.52-0.12 -1167

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