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MEP Infrastructure Developers consolidated net profit rises 120.85% in the March 2018 quarter

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Capital Market

Sales rise 79.85% to Rs 776.24 crore

Net profit of MEP Infrastructure Developers rose 120.85% to Rs 26.59 crore in the quarter ended March 2018 as against Rs 12.04 crore during the previous quarter ended March 2017. Sales rose 79.85% to Rs 776.24 crore in the quarter ended March 2018 as against Rs 431.61 crore during the previous quarter ended March 2017.

For the full year,net profit declined 34.85% to Rs 70.97 crore in the year ended March 2018 as against Rs 108.93 crore during the previous year ended March 2017. Sales rose 34.29% to Rs 2322.02 crore in the year ended March 2018 as against Rs 1729.07 crore during the previous year ended March 2017.

 
ParticularsQuarter EndedYear EndedMar. 2018Mar. 2017% Var.Mar. 2018Mar. 2017% Var.Sales776.24431.61 80 2322.021729.07 34 OPM %31.6369.88 -37.5874.54 - PBDT161.92210.71 -23 523.48882.07 -41 PBT38.7814.90 160 104.5614.06 644 NP26.5912.04 121 70.97108.93 -35

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First Published: May 25 2018 | 9:27 AM IST

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