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Indian Acrylics consolidated net profit declines 73.63% in the March 2018 quarter

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Capital Market

Sales decline 0.34% to Rs 142.41 crore

Net profit of Indian Acrylics declined 73.63% to Rs 2.65 crore in the quarter ended March 2018 as against Rs 10.05 crore during the previous quarter ended March 2017. Sales declined 0.34% to Rs 142.41 crore in the quarter ended March 2018 as against Rs 142.89 crore during the previous quarter ended March 2017.

For the full year,net profit declined 61.97% to Rs 8.88 crore in the year ended March 2018 as against Rs 23.35 crore during the previous year ended March 2017. Sales rose 9.77% to Rs 522.66 crore in the year ended March 2018 as against Rs 476.13 crore during the previous year ended March 2017.

 
ParticularsQuarter EndedYear EndedMar. 2018Mar. 2017% Var.Mar. 2018Mar. 2017% Var.Sales142.41142.89 0 522.66476.13 10 OPM %7.7311.61 -8.5410.86 - PBDT6.4613.47 -52 24.6036.16 -32 PBT2.6510.20 -74 8.8823.51 -62 NP2.6510.05 -74 8.8823.35 -62

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First Published: Jun 05 2018 | 3:53 PM IST

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