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Dredging Corporation of India standalone net profit declines 28.21% in the June 2018 quarter

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Capital Market

Sales decline 11.45% to Rs 139.86 crore

Net profit of Dredging Corporation of India declined 28.21% to Rs 2.85 crore in the quarter ended June 2018 as against Rs 3.97 crore during the previous quarter ended June 2017. Sales declined 11.45% to Rs 139.86 crore in the quarter ended June 2018 as against Rs 157.94 crore during the previous quarter ended June 2017. ParticularsQuarter EndedJun. 2018Jun. 2017% Var.Sales139.86157.94 -11 OPM %23.3123.64 -PBDT29.8732.50 -8 PBT3.384.13 -18 NP2.853.97 -28

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First Published: Aug 14 2018 | 12:41 PM IST

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