Ritesh Properties & Industries standalone net profit rises 314.29% in the March 2018 quarter

Sales rise 39.70% to Rs 14.71 crore

Net profit of Ritesh Properties & Industries rose 314.29% to Rs 2.03 crore in the quarter ended March 2018 as against Rs 0.49 crore during the previous quarter ended March 2017. Sales rose 39.70% to Rs 14.71 crore in the quarter ended March 2018 as against Rs 10.53 crore during the previous quarter ended March 2017.

For the full year,net profit declined 28.86% to Rs 1.43 crore in the year ended March 2018 as against Rs 2.01 crore during the previous year ended March 2017. Sales declined 4.99% to Rs 47.22 crore in the year ended March 2018 as against Rs 49.70 crore during the previous year ended March 2017.

ParticularsQuarter EndedYear EndedMar. 2018Mar. 2017% Var.Mar. 2018Mar. 2017% Var.Sales14.7110.53 40 47.2249.70 -5 OPM %-3.473.04 --1.763.64 - PBDT-0.320.69 PL -0.732.34 PL PBT-0.380.64 PL -0.992.09 PL NP2.030.49 314 1.432.01 -29

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