Gini Silk Mills standalone net profit declines 12.50% in the March 2018 quarter

Sales rise 49.46% to Rs 9.61 crore

Net profit of Gini Silk Mills declined 12.50% to Rs 0.70 crore in the quarter ended March 2018 as against Rs 0.80 crore during the previous quarter ended March 2017. Sales rose 49.46% to Rs 9.61 crore in the quarter ended March 2018 as against Rs 6.43 crore during the previous quarter ended March 2017.

For the full year,net profit declined 9.66% to Rs 2.15 crore in the year ended March 2018 as against Rs 2.38 crore during the previous year ended March 2017. Sales rose 0.79% to Rs 39.43 crore in the year ended March 2018 as against Rs 39.12 crore during the previous year ended March 2017.

ParticularsQuarter EndedYear EndedMar. 2018Mar. 2017% Var.Mar. 2018Mar. 2017% Var.Sales9.616.43 49 39.4339.12 1 OPM %8.95-1.40 -7.718.59 - PBDT1.151.03 12 3.854.01 -4 PBT0.910.78 17 2.873.04 -6 NP0.700.80 -13 2.152.38 -10

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