Divyashakti Granites standalone net profit declines 69.75% in the March 2019 quarter

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Sales decline 13.24% to Rs 12.71 crore
Net profit of Divyashakti Granites declined 69.75% to Rs 0.36 crore in the quarter ended March 2019 as against Rs 1.19 crore during the previous quarter ended March 2018. Sales declined 13.24% to Rs 12.71 crore in the quarter ended March 2019 as against Rs 14.65 crore during the previous quarter ended March 2018.For the full year,net profit rose 6.85% to Rs 5.15 crore in the year ended March 2019 as against Rs 4.82 crore during the previous year ended March 2018. Sales declined 51.30% to Rs 33.40 crore in the year ended March 2019 as against Rs 68.59 crore during the previous year ended March 2018.
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First Published: May 14 2019 | 4:04 PM IST