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Sainik Finance & Industries standalone net profit rises 415.38% in the March 2018 quarter

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Capital Market

Sales rise 79.95% to Rs 7.00 crore

Net profit of Sainik Finance & Industries rose 415.38% to Rs 2.01 crore in the quarter ended March 2018 as against Rs 0.39 crore during the previous quarter ended March 2017. Sales rose 79.95% to Rs 7.00 crore in the quarter ended March 2018 as against Rs 3.89 crore during the previous quarter ended March 2017.

For the full year,net profit rose 299.19% to Rs 4.95 crore in the year ended March 2018 as against Rs 1.24 crore during the previous year ended March 2017. Sales rose 156.91% to Rs 25.64 crore in the year ended March 2018 as against Rs 9.98 crore during the previous year ended March 2017.

 
ParticularsQuarter EndedYear EndedMar. 2018Mar. 2017% Var.Mar. 2018Mar. 2017% Var.Sales7.003.89 80 25.649.98 157 OPM %109.5776.61 -96.4577.56 - PBDT2.200.49 349 6.632.69 146 PBT2.200.49 349 6.622.68 147 NP2.010.39 415 4.951.24 299

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First Published: May 25 2018 | 10:05 AM IST

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