Solid Stone Company standalone net profit declines 50.00% in the March 2018 quarter

Sales decline 24.08% to Rs 12.23 crore

Net profit of Solid Stone Company declined 50.00% to Rs 0.06 crore in the quarter ended March 2018 as against Rs 0.12 crore during the previous quarter ended March 2017. Sales declined 24.08% to Rs 12.23 crore in the quarter ended March 2018 as against Rs 16.11 crore during the previous quarter ended March 2017.

For the full year,net profit declined 16.90% to Rs 0.59 crore in the year ended March 2018 as against Rs 0.71 crore during the previous year ended March 2017. Sales declined 7.16% to Rs 61.37 crore in the year ended March 2018 as against Rs 66.10 crore during the previous year ended March 2017.

ParticularsQuarter EndedYear EndedMar. 2018Mar. 2017% Var.Mar. 2018Mar. 2017% Var.Sales12.2316.11 -24 61.3766.10 -7 OPM %6.876.27 -5.785.79 - PBDT0.340.38 -11 1.511.76 -14 PBT0.210.21 0 1.021.10 -7 NP0.060.12 -50 0.590.71 -17

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