SORIL Holdings & Ventures consolidated net profit rises 671.78% in the March 2018 quarter

Sales rise 148.11% to Rs 102.32 crore

Net profit of SORIL Holdings & Ventures rose 671.78% to Rs 47.31 crore in the quarter ended March 2018 as against Rs 6.13 crore during the previous quarter ended March 2017. Sales rose 148.11% to Rs 102.32 crore in the quarter ended March 2018 as against Rs 41.24 crore during the previous quarter ended March 2017.

For the full year,net profit reported to Rs 7.87 crore in the year ended March 2018 as against net loss of Rs 12.78 crore during the previous year ended March 2017. Sales rose 4.16% to Rs 232.74 crore in the year ended March 2018 as against Rs 223.44 crore during the previous year ended March 2017.

ParticularsQuarter EndedYear EndedMar. 2018Mar. 2017% Var.Mar. 2018Mar. 2017% Var.Sales102.3241.24 148 232.74223.44 4 OPM %40.4525.07 -21.8013.74 - PBDT58.3515.61 274 40.4014.80 173 PBT49.126.23 688 12.45-12.67 LP NP47.316.13 672 7.87-12.78 LP

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