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Hindustan Composites standalone net profit declines 28.74% in the March 2019 quarter

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Capital Market

Sales decline 12.33% to Rs 50.28 crore

Net profit of Hindustan Composites declined 28.74% to Rs 7.24 crore in the quarter ended March 2019 as against Rs 10.16 crore during the previous quarter ended March 2018. Sales declined 12.33% to Rs 50.28 crore in the quarter ended March 2019 as against Rs 57.35 crore during the previous quarter ended March 2018.

For the full year,net profit declined 25.14% to Rs 19.00 crore in the year ended March 2019 as against Rs 25.38 crore during the previous year ended March 2018. Sales declined 1.29% to Rs 196.61 crore in the year ended March 2019 as against Rs 199.18 crore during the previous year ended March 2018.

 
ParticularsQuarter EndedYear EndedMar. 2019Mar. 2018% Var.Mar. 2019Mar. 2018% Var.Sales50.2857.35 -12 196.61199.18 -1 OPM %13.5620.42 -12.7318.47 - PBDT8.4611.75 -28 26.9836.93 -27 PBT6.179.51 -35 18.2328.29 -36 NP7.2410.16 -29 19.0025.38 -25

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First Published: May 07 2019 | 5:39 PM IST

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