Nandan Denim standalone net profit declines 97.60% in the March 2018 quarter

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Sales rise 1.25% to Rs 386.84 crore
Net profit of Nandan Denim declined 97.60% to Rs 0.77 crore in the quarter ended March 2018 as against Rs 32.13 crore during the previous quarter ended March 2017. Sales rose 1.25% to Rs 386.84 crore in the quarter ended March 2018 as against Rs 382.06 crore during the previous quarter ended March 2017.For the full year,net profit declined 35.59% to Rs 46.73 crore in the year ended March 2018 as against Rs 72.55 crore during the previous year ended March 2017. Sales rose 30.20% to Rs 1588.92 crore in the year ended March 2018 as against Rs 1220.41 crore during the previous year ended March 2017.
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First Published: May 28 2018 | 6:20 PM IST