Swadeshi Polytex standalone net profit declines 86.76% in the March 2018 quarter

Sales rise 56.94% to Rs 1.13 crore

Net profit of Swadeshi Polytex declined 86.76% to Rs 0.09 crore in the quarter ended March 2018 as against Rs 0.68 crore during the previous quarter ended March 2017. Sales rose 56.94% to Rs 1.13 crore in the quarter ended March 2018 as against Rs 0.72 crore during the previous quarter ended March 2017.

For the full year,net loss reported to Rs 0.34 crore in the year ended March 2018 as against net profit of Rs 1.13 crore during the previous year ended March 2017. Sales rose 52.22% to Rs 3.09 crore in the year ended March 2018 as against Rs 2.03 crore during the previous year ended March 2017.

ParticularsQuarter EndedYear EndedMar. 2018Mar. 2017% Var.Mar. 2018Mar. 2017% Var.Sales1.130.72 57 3.092.03 52 OPM %25.66-11.11 -21.68-12.32 - PBDT-0.271.12 PL 0.162.09 -92 PBT-0.271.12 PL 0.152.08 -93 NP0.090.68 -87 -0.341.13 PL

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