Priti Mercantile Company reports standalone net loss of Rs 0.73 crore in the March 2018 quarter

Sales decline 83.27% to Rs 0.42 crore

Net loss of Priti Mercantile Company reported to Rs 0.73 crore in the quarter ended March 2018 as against net profit of Rs 0.17 crore during the previous quarter ended March 2017. Sales declined 83.27% to Rs 0.42 crore in the quarter ended March 2018 as against Rs 2.51 crore during the previous quarter ended March 2017.

For the full year,net profit rose 40.28% to Rs 1.01 crore in the year ended March 2018 as against Rs 0.72 crore during the previous year ended March 2017. Sales declined 22.55% to Rs 5.70 crore in the year ended March 2018 as against Rs 7.36 crore during the previous year ended March 2017.

ParticularsQuarter EndedYear EndedMar. 2018Mar. 2017% Var.Mar. 2018Mar. 2017% Var.Sales0.422.51 -83 5.707.36 -23 OPM %19.0566.14 -62.1163.72 - PBDT-0.310.52 PL 1.471.16 27 PBT-0.320.54 PL 1.421.09 30 NP-0.730.17 PL 1.010.72 40

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