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Laurel Organics reports standalone net profit of Rs 0.49 crore in the March 2018 quarter

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Capital Market

Sales rise 1697.96% to Rs 17.62 crore

Net profit of Laurel Organics reported to Rs 0.49 crore in the quarter ended March 2018 as against net loss of Rs 0.23 crore during the previous quarter ended March 2017. Sales rose 1697.96% to Rs 17.62 crore in the quarter ended March 2018 as against Rs 0.98 crore during the previous quarter ended March 2017.

For the full year,net profit reported to Rs 4.06 crore in the year ended March 2018 as against net loss of Rs 0.93 crore during the previous year ended March 2017. Sales rose 3932.19% to Rs 58.87 crore in the year ended March 2018 as against Rs 1.46 crore during the previous year ended March 2017.

 
ParticularsQuarter EndedYear EndedMar. 2018Mar. 2017% Var.Mar. 2018Mar. 2017% Var.Sales17.620.98 1698 58.871.46 3932 OPM %4.14-38.78 -7.85-67.12 - PBDT0.69-0.19 LP 4.63-0.66 LP PBT0.49-0.31 LP 4.06-1.01 LP NP0.49-0.23 LP 4.06-0.93 LP

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First Published: May 26 2018 | 3:05 PM IST

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