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Saurashtra Cement standalone net profit rises 484.89% in the March 2018 quarter

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Capital Market

Sales rise 66.74% to Rs 178.53 crore

Net profit of Saurashtra Cement rose 484.89% to Rs 26.32 crore in the quarter ended March 2018 as against Rs 4.50 crore during the previous quarter ended March 2017. Sales rose 66.74% to Rs 178.53 crore in the quarter ended March 2018 as against Rs 107.07 crore during the previous quarter ended March 2017.

For the full year,net profit rose 345.69% to Rs 62.53 crore in the year ended March 2018 as against Rs 14.03 crore during the previous year ended March 2017. Sales rose 22.00% to Rs 573.65 crore in the year ended March 2018 as against Rs 470.19 crore during the previous year ended March 2017.

 
ParticularsQuarter EndedYear EndedMar. 2018Mar. 2017% Var.Mar. 2018Mar. 2017% Var.Sales178.53107.07 67 573.65470.19 22 OPM %0.447.16 -8.726.27 - PBDT3.6612.29 -70 64.2636.60 76 PBT-3.017.62 PL 46.5221.24 119 NP26.324.50 485 62.5314.03 346

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First Published: May 25 2018 | 6:20 PM IST

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