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Grand Foundry standalone net profit rises 1658.33% in the March 2018 quarter

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Capital Market

Sales rise 519.84% to Rs 7.81 crore

Net profit of Grand Foundry rose 1658.33% to Rs 2.11 crore in the quarter ended March 2018 as against Rs 0.12 crore during the previous quarter ended March 2017. Sales rose 519.84% to Rs 7.81 crore in the quarter ended March 2018 as against Rs 1.26 crore during the previous quarter ended March 2017.

For the full year,net loss reported to Rs 0.05 crore in the year ended March 2018 as against net profit of Rs 0.64 crore during the previous year ended March 2017. Sales rose 431.17% to Rs 13.12 crore in the year ended March 2018 as against Rs 2.47 crore during the previous year ended March 2017.

 
ParticularsQuarter EndedYear EndedMar. 2018Mar. 2017% Var.Mar. 2018Mar. 2017% Var.Sales7.811.26 520 13.122.47 431 OPM %1.2810.32 --14.9414.57 - PBDT-0.070.15 PL -2.130.30 PL PBT-0.090.12 PL -2.220.14 PL NP2.110.12 1658 -0.050.64 PL

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First Published: Jun 13 2018 | 5:31 PM IST

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