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Aro Granite Industries standalone net profit declines 76.97% in the March 2018 quarter

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Capital Market

Sales decline 12.68% to Rs 49.18 crore

Net profit of Aro Granite Industries declined 76.97% to Rs 0.35 crore in the quarter ended March 2018 as against Rs 1.52 crore during the previous quarter ended March 2017. Sales declined 12.68% to Rs 49.18 crore in the quarter ended March 2018 as against Rs 56.32 crore during the previous quarter ended March 2017.

For the full year,net profit declined 90.73% to Rs 1.17 crore in the year ended March 2018 as against Rs 12.62 crore during the previous year ended March 2017. Sales declined 15.89% to Rs 200.72 crore in the year ended March 2018 as against Rs 238.65 crore during the previous year ended March 2017.

 
ParticularsQuarter EndedYear EndedMar. 2018Mar. 2017% Var.Mar. 2018Mar. 2017% Var.Sales49.1856.32 -13 200.72238.65 -16 OPM %7.189.55 -6.2412.30 - PBDT2.574.73 -46 9.9325.48 -61 PBT0.482.19 -78 1.2816.38 -92 NP0.351.52 -77 1.1712.62 -91

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First Published: Apr 23 2018 | 2:35 PM IST

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