Gujarat Apollo Industries reports standalone net loss of Rs 1.87 crore in the March 2018 quarter

Sales decline 73.03% to Rs 6.58 crore

Net Loss of Gujarat Apollo Industries reported to Rs 1.87 crore in the quarter ended March 2018 as against net loss of Rs 4.04 crore during the previous quarter ended March 2017. Sales declined 73.03% to Rs 6.58 crore in the quarter ended March 2018 as against Rs 24.40 crore during the previous quarter ended March 2017.

For the full year,net profit rose 2.98% to Rs 10.37 crore in the year ended March 2018 as against Rs 10.07 crore during the previous year ended March 2017. Sales declined 5.50% to Rs 68.84 crore in the year ended March 2018 as against Rs 72.85 crore during the previous year ended March 2017.

ParticularsQuarter EndedYear EndedMar. 2018Mar. 2017% Var.Mar. 2018Mar. 2017% Var.Sales6.5824.40 -73 68.8472.85 -6 OPM %-50.46-35.82 --14.24-25.79 - PBDT-0.13-5.80 98 18.8010.17 85 PBT-0.72-6.31 89 16.407.80 110 NP-1.87-4.04 54 10.3710.07 3

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