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Saurashtra Cement standalone net profit declines 97.98% in the March 2017 quarter

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Capital Market

Sales decline 25.91% to Rs 107.50 crore

Net profit of Saurashtra Cement declined 97.98% to Rs 0.54 crore in the quarter ended March 2017 as against Rs 26.75 crore during the previous quarter ended March 2016. Sales declined 25.91% to Rs 107.50 crore in the quarter ended March 2017 as against Rs 145.09 crore during the previous quarter ended March 2016.

For the full year,net profit declined 77.98% to Rs 9.64 crore in the year ended March 2017 as against Rs 43.78 crore during the previous year ended March 2016. Sales declined 10.35% to Rs 474.88 crore in the year ended March 2017 as against Rs 529.70 crore during the previous year ended March 2016.

 
ParticularsQuarter EndedYear EndedMar. 2017Mar. 2016% Var.Mar. 2017Mar. 2016% Var.Sales107.50145.09 -26 474.88529.70 -10 OPM %1.3221.18 -4.7911.90 - PBDT6.0031.99 -81 29.7271.04 -58 PBT2.4928.54 -91 15.5558.35 -73 NP0.5426.75 -98 9.6443.78 -78

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First Published: May 24 2017 | 4:09 PM IST

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