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Action Construction Equipments standalone net profit declines 43.01% in the March 2019 quarter

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Capital Market

Sales decline 18.45% to Rs 299.65 crore

Net profit of Action Construction Equipments declined 43.01% to Rs 12.23 crore in the quarter ended March 2019 as against Rs 21.46 crore during the previous quarter ended March 2018. Sales declined 18.45% to Rs 299.65 crore in the quarter ended March 2019 as against Rs 367.46 crore during the previous quarter ended March 2018.

For the full year,net profit rose 6.69% to Rs 56.16 crore in the year ended March 2019 as against Rs 52.64 crore during the previous year ended March 2018. Sales rose 23.56% to Rs 1342.49 crore in the year ended March 2019 as against Rs 1086.49 crore during the previous year ended March 2018.

 
ParticularsQuarter EndedYear EndedMar. 2019Mar. 2018% Var.Mar. 2019Mar. 2018% Var.Sales299.65367.46 -18 1342.491086.49 24 OPM %7.9610.43 -7.298.48 - PBDT23.7837.32 -36 96.0986.55 11 PBT20.8134.47 -40 84.3474.62 13 NP12.2321.46 -43 56.1652.64 7

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First Published: May 17 2019 | 5:31 PM IST

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