Gujarat Craft Industries reports standalone nil net profit/loss in the March 2019 quarter

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Sales rise 14.23% to Rs 35.16 crore
Gujarat Craft Industries reported no net profit/loss in the quarter ended March 2019 as against net profit of Rs 0.23 crore during the previous quarter ended March 2018. Sales rose 14.23% to Rs 35.16 crore in the quarter ended March 2019 as against Rs 30.78 crore during the previous quarter ended March 2018.For the full year,net profit declined 28.07% to Rs 1.23 crore in the year ended March 2019 as against Rs 1.71 crore during the previous year ended March 2018. Sales rose 7.15% to Rs 139.52 crore in the year ended March 2019 as against Rs 130.21 crore during the previous year ended March 2018.
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First Published: Jun 06 2019 | 10:43 AM IST