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Hitech Corporation standalone net profit rises 185.96% in the March 2018 quarter

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Capital Market

Sales rise 5.89% to Rs 99.90 crore

Net profit of Hitech Corporation rose 185.96% to Rs 5.09 crore in the quarter ended March 2018 as against Rs 1.78 crore during the previous quarter ended March 2017. Sales rose 5.89% to Rs 99.90 crore in the quarter ended March 2018 as against Rs 94.34 crore during the previous quarter ended March 2017.

For the full year,net profit declined 17.09% to Rs 7.76 crore in the year ended March 2018 as against Rs 9.36 crore during the previous year ended March 2017. Sales rose 5.59% to Rs 385.48 crore in the year ended March 2018 as against Rs 365.06 crore during the previous year ended March 2017.

 
ParticularsQuarter EndedYear EndedMar. 2018Mar. 2017% Var.Mar. 2018Mar. 2017% Var.Sales99.9094.34 6 385.48365.06 6 OPM %9.537.61 -9.639.64 - PBDT11.814.97 138 29.5526.61 11 PBT7.421.61 361 12.0313.62 -12 NP5.091.78 186 7.769.36 -17

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First Published: May 15 2018 | 5:18 PM IST

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