Vedavaag Systems standalone net profit rises 63.05% in the March 2018 quarter

Sales decline 44.53% to Rs 22.87 crore

Net profit of Vedavaag Systems rose 63.05% to Rs 4.06 crore in the quarter ended March 2018 as against Rs 2.49 crore during the previous quarter ended March 2017. Sales declined 44.53% to Rs 22.87 crore in the quarter ended March 2018 as against Rs 41.23 crore during the previous quarter ended March 2017.

For the full year,net profit declined 13.74% to Rs 9.04 crore in the year ended March 2018 as against Rs 10.48 crore during the previous year ended March 2017. Sales rose 24.73% to Rs 92.95 crore in the year ended March 2018 as against Rs 74.52 crore during the previous year ended March 2017.

ParticularsQuarter EndedYear EndedMar. 2018Mar. 2017% Var.Mar. 2018Mar. 2017% Var.Sales22.8741.23 -45 92.9574.52 25 OPM %24.5310.96 -14.7623.09 - PBDT5.974.52 32 14.8617.56 -15 PBT5.404.14 30 12.3714.84 -17 NP4.062.49 63 9.0410.48 -14

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