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Madhav Marbles and Granites standalone net profit declines 59.42% in the March 2017 quarter

Capital Market 

Sales decline 5.48% to Rs 21.91 crore

Net profit of and Granites declined 59.42% to Rs 1.12 crore in the quarter ended March 2017 as against Rs 2.76 crore during the previous quarter ended March 2016. Sales declined 5.48% to Rs 21.91 crore in the quarter ended March 2017 as against Rs 23.18 crore during the previous quarter ended March 2016.

For the full year,net profit declined 32.06% to Rs 5.15 crore in the year ended March 2017 as against Rs 7.58 crore during the previous year ended March 2016. Sales rose 0.49% to Rs 79.27 crore in the year ended March 2017 as against Rs 78.88 crore during the previous year ended March 2016.

ParticularsQuarter EndedYear EndedMar. 2017Mar. 2016% Var.Mar. 2017Mar. 2016% Var.Sales21.9123.18 -5 79.2778.88 0 OPM %8.127.25 -7.939.22 - PBDT1.512.60 -42 8.3610.55 -21 PBT0.972.08 -53 6.038.05 -25 NP1.122.76 -59 5.157.58 -32

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(This story has not been edited by Business Standard staff and is auto-generated from a syndicated feed.)

First Published: Thu, May 18 2017. 15:57 IST
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