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MMTC standalone net profit declines 8.27% in the March 2019 quarter

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Capital Market

Sales rise 129.45% to Rs 7101.80 crore

Net profit of MMTC declined 8.27% to Rs 11.76 crore in the quarter ended March 2019 as against Rs 12.82 crore during the previous quarter ended March 2018. Sales rose 129.45% to Rs 7101.80 crore in the quarter ended March 2019 as against Rs 3095.08 crore during the previous quarter ended March 2018.

For the full year,net profit rose 66.73% to Rs 81.43 crore in the year ended March 2019 as against Rs 48.84 crore during the previous year ended March 2018. Sales rose 76.16% to Rs 28979.44 crore in the year ended March 2019 as against Rs 16450.81 crore during the previous year ended March 2018.

 
ParticularsQuarter EndedYear EndedMar. 2019Mar. 2018% Var.Mar. 2019Mar. 2018% Var.Sales7101.803095.08 129 28979.4416450.81 76 OPM %0.620.14 -0.630.16 - PBDT26.4413.19 100 133.8972.78 84 PBT24.9311.94 109 128.3567.54 90 NP11.7612.82 -8 81.4348.84 67

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First Published: Jun 01 2019 | 12:58 PM IST

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