Indian Metals & Ferro Alloys standalone net profit declines 97.18% in the March 2018 quarter

Sales decline 24.64% to Rs 443.27 crore

Net profit of Indian Metals & Ferro Alloys declined 97.18% to Rs 4.90 crore in the quarter ended March 2018 as against Rs 174.00 crore during the previous quarter ended March 2017. Sales declined 24.64% to Rs 443.27 crore in the quarter ended March 2018 as against Rs 588.20 crore during the previous quarter ended March 2017.

For the full year,net profit declined 25.18% to Rs 186.93 crore in the year ended March 2018 as against Rs 249.83 crore during the previous year ended March 2017. Sales rose 5.58% to Rs 1765.60 crore in the year ended March 2018 as against Rs 1672.35 crore during the previous year ended March 2017.

 

ParticularsQuarter EndedYear EndedMar. 2018Mar. 2017% Var.Mar. 2018Mar. 2017% Var.Sales443.27588.20 -25 1765.601672.35 6 OPM %14.7946.42 -24.0230.81 - PBDT42.02292.84 -86 383.16478.35 -20 PBT15.94265.11 -94 282.36369.66 -24 NP4.90174.00 -97 186.93249.83 -25

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