Vardhman Holdings standalone net profit declines 96.47% in the March 2018 quarter

Sales decline 93.79% to Rs 10.74 crore

Net profit of Vardhman Holdings declined 96.47% to Rs 5.99 crore in the quarter ended March 2018 as against Rs 169.79 crore during the previous quarter ended March 2017. Sales declined 93.79% to Rs 10.74 crore in the quarter ended March 2018 as against Rs 173.05 crore during the previous quarter ended March 2017.

For the full year,net profit declined 69.71% to Rs 55.02 crore in the year ended March 2018 as against Rs 181.65 crore during the previous year ended March 2017. Sales declined 66.20% to Rs 63.18 crore in the year ended March 2018 as against Rs 186.94 crore during the previous year ended March 2017.

ParticularsQuarter EndedYear EndedMar. 2018Mar. 2017% Var.Mar. 2018Mar. 2017% Var.Sales10.74173.05 -94 63.18186.94 -66 OPM %60.3499.28 -90.2298.65 - PBDT6.89172.96 -96 58.36187.98 -69 PBT6.89172.95 -96 58.35187.94 -69 NP5.99169.79 -96 55.02181.65 -70

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