Sreechem Resins reports standalone net profit of Rs 0.16 crore in the March 2018 quarter

Sales rise 64.18% to Rs 8.57 crore

Net profit of Sreechem Resins reported to Rs 0.16 crore in the quarter ended March 2018 as against net loss of Rs 0.04 crore during the previous quarter ended March 2017. Sales rose 64.18% to Rs 8.57 crore in the quarter ended March 2018 as against Rs 5.22 crore during the previous quarter ended March 2017.

For the full year,net loss reported to Rs 0.53 crore in the year ended March 2018 as against net loss of Rs 0.26 crore during the previous year ended March 2017. Sales rose 13.02% to Rs 28.21 crore in the year ended March 2018 as against Rs 24.96 crore during the previous year ended March 2017.

ParticularsQuarter EndedYear EndedMar. 2018Mar. 2017% Var.Mar. 2018Mar. 2017% Var.Sales8.575.22 64 28.2124.96 13 OPM %1.050.96 -0.740.80 - PBDT0.020.02 0 -0.01-0.02 50 PBT-0.05-0.05 0 -0.26-0.27 4 NP0.16-0.04 LP -0.53-0.26 -104

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