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Eimco Elecon (India) standalone net profit declines 42.89% in the March 2018 quarter

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Capital Market

Sales rise 26.91% to Rs 66.45 crore

Net profit of Eimco Elecon (India) declined 42.89% to Rs 8.71 crore in the quarter ended March 2018 as against Rs 15.25 crore during the previous quarter ended March 2017. Sales rose 26.91% to Rs 66.45 crore in the quarter ended March 2018 as against Rs 52.36 crore during the previous quarter ended March 2017.

For the full year,net profit declined 34.48% to Rs 16.44 crore in the year ended March 2018 as against Rs 25.09 crore during the previous year ended March 2017. Sales declined 18.17% to Rs 140.08 crore in the year ended March 2018 as against Rs 171.19 crore during the previous year ended March 2017.

 
ParticularsQuarter EndedYear EndedMar. 2018Mar. 2017% Var.Mar. 2018Mar. 2017% Var.Sales66.4552.36 27 140.08171.19 -18 OPM %13.7824.43 -10.9712.78 - PBDT11.5317.54 -34 24.4234.97 -30 PBT10.2616.18 -37 19.4329.79 -35 NP8.7115.25 -43 16.4425.09 -34

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First Published: May 04 2018 | 4:16 PM IST

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