Olympia Industries standalone net profit rises 120.00% in the March 2018 quarter

Sales decline 63.45% to Rs 29.83 crore

Net profit of Olympia Industries rose 120.00% to Rs 1.10 crore in the quarter ended March 2018 as against Rs 0.50 crore during the previous quarter ended March 2017. Sales declined 63.45% to Rs 29.83 crore in the quarter ended March 2018 as against Rs 81.61 crore during the previous quarter ended March 2017.

For the full year,net profit declined 55.48% to Rs 1.87 crore in the year ended March 2018 as against Rs 4.20 crore during the previous year ended March 2017. Sales declined 27.90% to Rs 177.68 crore in the year ended March 2018 as against Rs 246.44 crore during the previous year ended March 2017.

ParticularsQuarter EndedYear EndedMar. 2018Mar. 2017% Var.Mar. 2018Mar. 2017% Var.Sales29.8381.61 -63 177.68246.44 -28 OPM %0.801.53 -2.003.26 - PBDT1.951.06 84 4.147.23 -43 PBT1.650.82 101 3.006.45 -53 NP1.100.50 120 1.874.20 -55

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