Premier Pipes standalone net profit rises 950.00% in the March 2018 quarter

Sales rise 171.56% to Rs 45.35 crore

Net profit of Premier Pipes rose 950.00% to Rs 0.21 crore in the quarter ended March 2018 as against Rs 0.02 crore during the previous quarter ended March 2017. Sales rose 171.56% to Rs 45.35 crore in the quarter ended March 2018 as against Rs 16.70 crore during the previous quarter ended March 2017.

For the full year,net profit rose 343.48% to Rs 1.02 crore in the year ended March 2018 as against Rs 0.23 crore during the previous year ended March 2017. Sales rose 235.03% to Rs 140.01 crore in the year ended March 2018 as against Rs 41.79 crore during the previous year ended March 2017.

ParticularsQuarter EndedYear EndedMar. 2018Mar. 2017% Var.Mar. 2018Mar. 2017% Var.Sales45.3516.70 172 140.0141.79 235 OPM %2.58-1.62 -2.462.49 - PBDT0.580.21 176 1.930.77 151 PBT0.300.09 233 1.400.40 250 NP0.210.02 950 1.020.23 343

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