North Eastern Carrying Corporation standalone net profit declines 10.00% in the March 2018 quarter

Sales decline 37.63% to Rs 88.75 crore

Net profit of North Eastern Carrying Corporation declined 10.00% to Rs 1.35 crore in the quarter ended March 2018 as against Rs 1.50 crore during the previous quarter ended March 2017. Sales declined 37.63% to Rs 88.75 crore in the quarter ended March 2018 as against Rs 142.29 crore during the previous quarter ended March 2017.

For the full year,net profit declined 30.89% to Rs 3.87 crore in the year ended March 2018 as against Rs 5.60 crore during the previous year ended March 2017. Sales declined 29.77% to Rs 384.87 crore in the year ended March 2018 as against Rs 547.99 crore during the previous year ended March 2017.

ParticularsQuarter EndedYear EndedMar. 2018Mar. 2017% Var.Mar. 2018Mar. 2017% Var.Sales88.75142.29 -38 384.87547.99 -30 OPM %6.784.06 -3.993.48 - PBDT3.493.67 -5 9.1411.71 -22 PBT2.182.89 -25 6.009.01 -33 NP1.351.50 -10 3.875.60 -31

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