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Phoenix Mills standalone net profit declines 14.62% in the March 2018 quarter

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Capital Market

Sales rise 13.62% to Rs 104.44 crore

Net profit of Phoenix Mills declined 14.62% to Rs 31.41 crore in the quarter ended March 2018 as against Rs 36.79 crore during the previous quarter ended March 2017. Sales rose 13.62% to Rs 104.44 crore in the quarter ended March 2018 as against Rs 91.92 crore during the previous quarter ended March 2017.

For the full year,net profit rose 15.93% to Rs 154.83 crore in the year ended March 2018 as against Rs 133.55 crore during the previous year ended March 2017. Sales rose 5.67% to Rs 397.21 crore in the year ended March 2018 as against Rs 375.90 crore during the previous year ended March 2017.

 
ParticularsQuarter EndedYear EndedMar. 2018Mar. 2017% Var.Mar. 2018Mar. 2017% Var.Sales104.4491.92 14 397.21375.90 6 OPM %61.6565.56 -63.5067.52 - PBDT51.7052.64 -2 230.40227.61 1 PBT40.6944.48 -9 190.11197.54 -4 NP31.4136.79 -15 154.83133.55 16

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First Published: May 09 2018 | 4:04 PM IST

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