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Madhav Marbles and Granites standalone net profit rises 20.51% in the March 2018 quarter

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Capital Market

Sales decline 13.54% to Rs 18.96 crore

Net profit of Madhav Marbles and Granites rose 20.51% to Rs 1.41 crore in the quarter ended March 2018 as against Rs 1.17 crore during the previous quarter ended March 2017. Sales declined 13.54% to Rs 18.96 crore in the quarter ended March 2018 as against Rs 21.93 crore during the previous quarter ended March 2017.

For the full year,net profit declined 65.45% to Rs 1.80 crore in the year ended March 2018 as against Rs 5.21 crore during the previous year ended March 2017. Sales declined 12.21% to Rs 69.65 crore in the year ended March 2018 as against Rs 79.34 crore during the previous year ended March 2017.

 
ParticularsQuarter EndedYear EndedMar. 2018Mar. 2017% Var.Mar. 2018Mar. 2017% Var.Sales18.9621.93 -14 69.6579.34 -12 OPM %3.068.34 -0.398.15 - PBDT2.411.57 54 4.598.43 -46 PBT1.691.03 64 2.176.10 -64 NP1.411.17 21 1.805.21 -65

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First Published: Jun 13 2018 | 5:31 PM IST

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