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Star Paper Mills standalone net profit declines 24.64% in the March 2018 quarter

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Capital Market

Sales rise 8.28% to Rs 93.98 crore

Net profit of Star Paper Mills declined 24.64% to Rs 14.01 crore in the quarter ended March 2018 as against Rs 18.59 crore during the previous quarter ended March 2017. Sales rose 8.28% to Rs 93.98 crore in the quarter ended March 2018 as against Rs 86.79 crore during the previous quarter ended March 2017.

For the full year,net profit declined 10.11% to Rs 54.26 crore in the year ended March 2018 as against Rs 60.36 crore during the previous year ended March 2017. Sales rose 6.91% to Rs 346.58 crore in the year ended March 2018 as against Rs 324.18 crore during the previous year ended March 2017.

 
ParticularsQuarter EndedYear EndedMar. 2018Mar. 2017% Var.Mar. 2018Mar. 2017% Var.Sales93.9886.79 8 346.58324.18 7 OPM %20.2222.32 -20.8621.87 - PBDT20.1219.58 3 76.2871.71 6 PBT18.9818.75 1 72.2167.59 7 NP14.0118.59 -25 54.2660.36 -10

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First Published: May 22 2018 | 4:23 PM IST

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