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Lancer Containers Lines standalone net profit declines 73.39% in the March 2019 quarter

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Capital Market

Sales rise 140.69% to Rs 67.73 crore

Net profit of Lancer Containers Lines declined 73.39% to Rs 0.58 crore in the quarter ended March 2019 as against Rs 2.18 crore during the previous quarter ended March 2018. Sales rose 140.69% to Rs 67.73 crore in the quarter ended March 2019 as against Rs 28.14 crore during the previous quarter ended March 2018.

For the full year,net profit rose 20.00% to Rs 8.22 crore in the year ended March 2019 as against Rs 6.85 crore during the previous year ended March 2018. Sales rose 80.38% to Rs 197.41 crore in the year ended March 2019 as against Rs 109.44 crore during the previous year ended March 2018.

 
ParticularsQuarter EndedYear EndedMar. 2019Mar. 2018% Var.Mar. 2019Mar. 2018% Var.Sales67.7328.14 141 197.41109.44 80 OPM %5.7711.41 -10.3912.77 - PBDT3.264.26 -23 18.6813.82 35 PBT1.133.06 -63 11.699.26 26 NP0.582.18 -73 8.226.85 20

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First Published: May 21 2019 | 10:18 AM IST

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