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Eldeco Housing & Industries consolidated net profit declines 30.35% in the March 2018 quarter

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Capital Market

Sales decline 85.15% to Rs 10.33 crore

Net profit of Eldeco Housing & Industries declined 30.35% to Rs 4.91 crore in the quarter ended March 2018 as against Rs 7.05 crore during the previous quarter ended March 2017. Sales declined 85.15% to Rs 10.33 crore in the quarter ended March 2018 as against Rs 69.57 crore during the previous quarter ended March 2017.

For the full year,net profit rose 6.92% to Rs 25.35 crore in the year ended March 2018 as against Rs 23.71 crore during the previous year ended March 2017. Sales declined 35.55% to Rs 108.98 crore in the year ended March 2018 as against Rs 169.09 crore during the previous year ended March 2017.

 
ParticularsQuarter EndedYear EndedMar. 2018Mar. 2017% Var.Mar. 2018Mar. 2017% Var.Sales10.3369.57 -85 108.98169.09 -36 OPM %46.9513.45 -31.3420.73 - PBDT5.7310.70 -46 36.8337.44 -2 PBT5.7410.74 -47 36.5636.94 -1 NP4.917.05 -30 25.3523.71 7

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First Published: May 26 2018 | 3:04 PM IST

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