Kwality standalone net profit declines 96.30% in the March 2018 quarter

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Sales rise 11.38% to Rs 1708.96 crore
Net profit of Kwality declined 96.30% to Rs 1.29 crore in the quarter ended March 2018 as against Rs 34.86 crore during the previous quarter ended March 2017. Sales rose 11.38% to Rs 1708.96 crore in the quarter ended March 2018 as against Rs 1534.35 crore during the previous quarter ended March 2017.For the full year,net profit declined 56.72% to Rs 71.11 crore in the year ended March 2018 as against Rs 164.30 crore during the previous year ended March 2017. Sales rose 9.68% to Rs 6724.85 crore in the year ended March 2018 as against Rs 6131.23 crore during the previous year ended March 2017.
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First Published: May 29 2018 | 4:14 PM IST