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Brigade Enterprises standalone net profit declines 39.07% in the March 2018 quarter

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Capital Market

Sales decline 30.67% to Rs 293.66 crore

Net profit of Brigade Enterprises declined 39.07% to Rs 43.27 crore in the quarter ended March 2018 as against Rs 71.02 crore during the previous quarter ended March 2017. Sales declined 30.67% to Rs 293.66 crore in the quarter ended March 2018 as against Rs 423.58 crore during the previous quarter ended March 2017.

For the full year,net profit rose 10.09% to Rs 180.51 crore in the year ended March 2018 as against Rs 163.97 crore during the previous year ended March 2017. Sales declined 15.58% to Rs 1265.12 crore in the year ended March 2018 as against Rs 1498.55 crore during the previous year ended March 2017.

 
ParticularsQuarter EndedYear EndedMar. 2018Mar. 2017% Var.Mar. 2018Mar. 2017% Var.Sales293.66423.58 -31 1265.121498.55 -16 OPM %34.9032.01 -31.7026.46 - PBDT74.98113.75 -34 320.86308.36 4 PBT56.5095.73 -41 251.81232.32 8 NP43.2771.02 -39 180.51163.97 10

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First Published: May 17 2018 | 4:48 PM IST

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