Titan Biotech standalone net profit rises 20.62% in the March 2018 quarter

Sales decline 8.26% to Rs 13.77 crore

Net profit of Titan Biotech rose 20.62% to Rs 1.17 crore in the quarter ended March 2018 as against Rs 0.97 crore during the previous quarter ended March 2017. Sales declined 8.26% to Rs 13.77 crore in the quarter ended March 2018 as against Rs 15.01 crore during the previous quarter ended March 2017.

For the full year,net profit rose 21.37% to Rs 2.84 crore in the year ended March 2018 as against Rs 2.34 crore during the previous year ended March 2017. Sales rose 5.87% to Rs 55.53 crore in the year ended March 2018 as against Rs 52.45 crore during the previous year ended March 2017.

ParticularsQuarter EndedYear EndedMar. 2018Mar. 2017% Var.Mar. 2018Mar. 2017% Var.Sales13.7715.01 -8 55.5352.45 6 OPM %9.0811.86 -12.0810.52 - PBDT1.071.54 -31 4.834.30 12 PBT1.151.16 -1 3.923.50 12 NP1.170.97 21 2.842.34 21

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