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Gratex Industries reports standalone nil net profit/loss in the March 2017 quarter

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Capital Market

Sales decline 37.93% to Rs 0.18 crore

Gratex Industries reported no net profit/loss in the quarter ended March 2017 as against net loss of Rs 0.30 crore during the previous quarter ended March 2016. Sales declined 37.93% to Rs 0.18 crore in the quarter ended March 2017 as against Rs 0.29 crore during the previous quarter ended March 2016.

For the full year,net profit reported to Rs 0.19 crore in the year ended March 2017 as against net loss of Rs 0.08 crore during the previous year ended March 2016. Sales declined 3.97% to Rs 1.21 crore in the year ended March 2017 as against Rs 1.26 crore during the previous year ended March 2016.

 
ParticularsQuarter EndedYear EndedMar. 2017Mar. 2016% Var.Mar. 2017Mar. 2016% Var.Sales0.180.29 -38 1.211.26 -4 OPM %16.6720.69 -23.9727.78 - PBDT0.030.06 -50 0.290.35 -17 PBT00.02 -100 0.190.24 -21 NP0-0.30 100 0.19-0.08 LP

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First Published: May 30 2017 | 3:39 PM IST

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