Greenlam Industries standalone net profit declines 2.38% in the March 2018 quarter

Sales rise 7.55% to Rs 287.58 crore

Net profit of Greenlam Industries declined 2.38% to Rs 15.98 crore in the quarter ended March 2018 as against Rs 16.37 crore during the previous quarter ended March 2017. Sales rose 7.55% to Rs 287.58 crore in the quarter ended March 2018 as against Rs 267.39 crore during the previous quarter ended March 2017.

For the full year,net profit rose 38.29% to Rs 59.20 crore in the year ended March 2018 as against Rs 42.81 crore during the previous year ended March 2017. Sales rose 9.32% to Rs 1060.78 crore in the year ended March 2018 as against Rs 970.31 crore during the previous year ended March 2017.

ParticularsQuarter EndedYear EndedMar. 2018Mar. 2017% Var.Mar. 2018Mar. 2017% Var.Sales287.58267.39 8 1060.78970.31 9 OPM %12.1514.16 -12.8812.76 - PBDT31.6132.99 -4 122.78100.12 23 PBT23.0224.85 -7 89.6666.72 34 NP15.9816.37 -2 59.2042.81 38

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