Premier Pipes standalone net profit declines 38.10% in the March 2019 quarter

Sales decline 31.95% to Rs 30.86 crore

Net profit of Premier Pipes declined 38.10% to Rs 0.13 crore in the quarter ended March 2019 as against Rs 0.21 crore during the previous quarter ended March 2018. Sales declined 31.95% to Rs 30.86 crore in the quarter ended March 2019 as against Rs 45.35 crore during the previous quarter ended March 2018.

For the full year,net profit declined 3.92% to Rs 0.98 crore in the year ended March 2019 as against Rs 1.02 crore during the previous year ended March 2018. Sales rose 1.84% to Rs 142.59 crore in the year ended March 2019 as against Rs 140.01 crore during the previous year ended March 2018.

ParticularsQuarter EndedYear EndedMar. 2019Mar. 2018% Var.Mar. 2019Mar. 2018% Var.Sales30.8645.35 -32 142.59140.01 2 OPM %4.082.58 -2.852.46 - PBDT0.510.58 -12 2.071.93 7 PBT0.260.30 -13 1.431.40 2 NP0.130.21 -38 0.981.02 -4

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