Raasi Refractories reports standalone net profit of Rs 3.74 crore in the March 2018 quarter

Sales rise 398.11% to Rs 5.28 crore

Net profit of Raasi Refractories reported to Rs 3.74 crore in the quarter ended March 2018 as against net loss of Rs 0.19 crore during the previous quarter ended March 2017. Sales rose 398.11% to Rs 5.28 crore in the quarter ended March 2018 as against Rs 1.06 crore during the previous quarter ended March 2017.

For the full year,net profit reported to Rs 0.64 crore in the year ended March 2018 as against net loss of Rs 3.18 crore during the previous year ended March 2017. Sales rose 197.54% to Rs 21.75 crore in the year ended March 2018 as against Rs 7.31 crore during the previous year ended March 2017.

ParticularsQuarter EndedYear EndedMar. 2018Mar. 2017% Var.Mar. 2018Mar. 2017% Var.Sales5.281.06 398 21.757.31 198 OPM %85.0484.91 -25.7011.35 - PBDT4.060.21 1833 1.85-1.99 LP PBT3.74-0.19 LP 0.64-3.18 LP NP3.74-0.19 LP 0.64-3.18 LP

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