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Paramount Communications standalone net profit declines 82.52% in the March 2018 quarter

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Capital Market

Sales rise 71.81% to Rs 164.65 crore

Net profit of Paramount Communications declined 82.52% to Rs 10.28 crore in the quarter ended March 2018 as against Rs 58.80 crore during the previous quarter ended March 2017. Sales rose 71.81% to Rs 164.65 crore in the quarter ended March 2018 as against Rs 95.83 crore during the previous quarter ended March 2017.

For the full year,net profit declined 0.20% to Rs 14.69 crore in the year ended March 2018 as against Rs 14.72 crore during the previous year ended March 2017. Sales rose 34.98% to Rs 425.91 crore in the year ended March 2018 as against Rs 315.54 crore during the previous year ended March 2017.

 
ParticularsQuarter EndedYear EndedMar. 2018Mar. 2017% Var.Mar. 2018Mar. 2017% Var.Sales164.6595.83 72 425.91315.54 35 OPM %6.02-10.13 --0.63-15.13 - PBDT8.44-10.20 LP -3.08-62.98 95 PBT6.03-12.62 LP -12.31-72.67 83 NP10.2858.80 -83 14.6914.72 0

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First Published: May 10 2018 | 4:55 PM IST

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