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MMTC reports standalone net profit of Rs 12.82 crore in the March 2018 quarter

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Capital Market

Sales rise 21.94% to Rs 3095.08 crore

Net profit of MMTC reported to Rs 12.82 crore in the quarter ended March 2018 as against net loss of Rs 20.82 crore during the previous quarter ended March 2017. Sales rose 21.94% to Rs 3095.08 crore in the quarter ended March 2018 as against Rs 2538.22 crore during the previous quarter ended March 2017.

For the full year,net profit declined 14.41% to Rs 48.84 crore in the year ended March 2018 as against Rs 57.06 crore during the previous year ended March 2017. Sales rose 40.50% to Rs 16450.81 crore in the year ended March 2018 as against Rs 11708.36 crore during the previous year ended March 2017.

 
ParticularsQuarter EndedYear EndedMar. 2018Mar. 2017% Var.Mar. 2018Mar. 2017% Var.Sales3095.082538.22 22 16450.8111708.36 41 OPM %0.14-0.78 -0.16-0.21 - PBDT13.19-27.17 LP 72.78-3.36 LP PBT11.94-30.03 LP 67.54-10.04 LP NP12.82-20.82 LP 48.8457.06 -14

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First Published: May 30 2018 | 5:01 PM IST

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