Sreechem Resins standalone net profit declines 56.25% in the March 2019 quarter

Sales rise 2.45% to Rs 8.78 crore

Net profit of Sreechem Resins declined 56.25% to Rs 0.07 crore in the quarter ended March 2019 as against Rs 0.16 crore during the previous quarter ended March 2018. Sales rose 2.45% to Rs 8.78 crore in the quarter ended March 2019 as against Rs 8.57 crore during the previous quarter ended March 2018.

For the full year,net loss reported to Rs 0.10 crore in the year ended March 2019 as against net loss of Rs 0.53 crore during the previous year ended March 2018. Sales rose 16.27% to Rs 32.88 crore in the year ended March 2019 as against Rs 28.28 crore during the previous year ended March 2018.

ParticularsQuarter EndedYear EndedMar. 2019Mar. 2018% Var.Mar. 2019Mar. 2018% Var.Sales8.788.57 2 32.8828.28 16 OPM %2.051.05 -1.310.85 - PBDT0.110.02 450 0.12-0.01 LP PBT0.07-0.05 LP -0.10-0.26 62 NP0.070.16 -56 -0.10-0.53 81

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