Saffron Industries standalone net profit rises 1100.00% in the March 2018 quarter

Sales decline 32.26% to Rs 3.59 crore

Net profit of Saffron Industries rose 1100.00% to Rs 0.48 crore in the quarter ended March 2018 as against Rs 0.04 crore during the previous quarter ended March 2017. Sales declined 32.26% to Rs 3.59 crore in the quarter ended March 2018 as against Rs 5.30 crore during the previous quarter ended March 2017.

For the full year,net loss reported to Rs 1.76 crore in the year ended March 2018 as against net profit of Rs 0.40 crore during the previous year ended March 2017. Sales declined 82.89% to Rs 5.63 crore in the year ended March 2018 as against Rs 32.91 crore during the previous year ended March 2017.

ParticularsQuarter EndedYear EndedMar. 2018Mar. 2017% Var.Mar. 2018Mar. 2017% Var.Sales3.595.30 -32 5.6332.91 -83 OPM %18.388.11 --8.173.59 - PBDT0.740.48 54 -0.511.81 PL PBT0.490.04 1125 -1.750.40 PL NP0.480.04 1100 -1.760.40 PL

Powered by Capital Market - Live News