ISGEC Heavy Engineering standalone net profit declines 54.32% in the March 2018 quarter

Sales decline 12.39% to Rs 818.87 crore

Net profit of ISGEC Heavy Engineering declined 54.32% to Rs 26.62 crore in the quarter ended March 2018 as against Rs 58.28 crore during the previous quarter ended March 2017. Sales declined 12.39% to Rs 818.87 crore in the quarter ended March 2018 as against Rs 934.63 crore during the previous quarter ended March 2017.

For the full year,net profit declined 36.92% to Rs 118.98 crore in the year ended March 2018 as against Rs 188.63 crore during the previous year ended March 2017. Sales declined 15.93% to Rs 2615.37 crore in the year ended March 2018 as against Rs 3110.99 crore during the previous year ended March 2017.

ParticularsQuarter EndedYear EndedMar. 2018Mar. 2017% Var.Mar. 2018Mar. 2017% Var.Sales818.87934.63 -12 2615.373110.99 -16 OPM %5.847.13 -6.498.33 - PBDT55.4588.81 -38 235.08331.48 -29 PBT36.2872.20 -50 167.93267.66 -37 NP26.6258.28 -54 118.98188.63 -37

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