Business Standard

Morarjee Textiles reports standalone net loss of Rs 2.43 crore in the March 2018 quarter

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Capital Market

Sales decline 16.15% to Rs 78.89 crore

Net loss of Morarjee Textiles reported to Rs 2.43 crore in the quarter ended March 2018 as against net profit of Rs 2.58 crore during the previous quarter ended March 2017. Sales declined 16.15% to Rs 78.89 crore in the quarter ended March 2018 as against Rs 94.08 crore during the previous quarter ended March 2017.

For the full year,net profit declined 96.53% to Rs 0.41 crore in the year ended March 2018 as against Rs 11.80 crore during the previous year ended March 2017. Sales declined 4.27% to Rs 360.95 crore in the year ended March 2018 as against Rs 377.05 crore during the previous year ended March 2017.

 
ParticularsQuarter EndedYear EndedMar. 2018Mar. 2017% Var.Mar. 2018Mar. 2017% Var.Sales78.8994.08 -16 360.95377.05 -4 OPM %15.4116.32 -19.0216.41 - PBDT1.226.62 -82 23.6629.56 -20 PBT-4.661.31 PL 0.8210.33 -92 NP-2.432.58 PL 0.4111.80 -97

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First Published: May 25 2018 | 6:21 PM IST

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