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Bhilwara Spinners standalone net profit declines 70.71% in the March 2018 quarter

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Capital Market

Sales decline 33.49% to Rs 2.82 crore

Net profit of Bhilwara Spinners declined 70.71% to Rs 0.29 crore in the quarter ended March 2018 as against Rs 0.99 crore during the previous quarter ended March 2017. Sales declined 33.49% to Rs 2.82 crore in the quarter ended March 2018 as against Rs 4.24 crore during the previous quarter ended March 2017.

For the full year,net profit declined 58.43% to Rs 0.74 crore in the year ended March 2018 as against Rs 1.78 crore during the previous year ended March 2017. Sales rose 10.31% to Rs 5.35 crore in the year ended March 2018 as against Rs 4.85 crore during the previous year ended March 2017.

 
ParticularsQuarter EndedYear EndedMar. 2018Mar. 2017% Var.Mar. 2018Mar. 2017% Var.Sales2.824.24 -33 5.354.85 10 OPM %-2.48-17.92 --4.11-19.38 - PBDT0.36-0.08 LP 0.560.02 2700 PBT0.36-0.08 LP 0.560.02 2700 NP0.290.99 -71 0.741.78 -58

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First Published: May 28 2018 | 5:24 PM IST

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