Solid Stone Company standalone net profit declines 50.00% in the March 2018 quarter

Image
Capital Market
Last Updated : May 17 2018 | 5:04 PM IST

Sales decline 24.08% to Rs 12.23 crore

Net profit of Solid Stone Company declined 50.00% to Rs 0.06 crore in the quarter ended March 2018 as against Rs 0.12 crore during the previous quarter ended March 2017. Sales declined 24.08% to Rs 12.23 crore in the quarter ended March 2018 as against Rs 16.11 crore during the previous quarter ended March 2017.

For the full year,net profit declined 16.90% to Rs 0.59 crore in the year ended March 2018 as against Rs 0.71 crore during the previous year ended March 2017. Sales declined 7.16% to Rs 61.37 crore in the year ended March 2018 as against Rs 66.10 crore during the previous year ended March 2017.

ParticularsQuarter EndedYear EndedMar. 2018Mar. 2017% Var.Mar. 2018Mar. 2017% Var.Sales12.2316.11 -24 61.3766.10 -7 OPM %6.876.27 -5.785.79 - PBDT0.340.38 -11 1.511.76 -14 PBT0.210.21 0 1.021.10 -7 NP0.060.12 -50 0.590.71 -17

Powered by Capital Market - Live News

Disclaimer: No Business Standard Journalist was involved in creation of this content

*Subscribe to Business Standard digital and get complimentary access to The New York Times

Smart Quarterly

₹900

3 Months

₹300/Month

SAVE 25%

Smart Essential

₹2,700

1 Year

₹225/Month

SAVE 46%
*Complimentary New York Times access for the 2nd year will be given after 12 months

Super Saver

₹3,900

2 Years

₹162/Month

Subscribe

Renews automatically, cancel anytime

Here’s what’s included in our digital subscription plans

Exclusive premium stories online

  • Over 30 premium stories daily, handpicked by our editors

Complimentary Access to The New York Times

  • News, Games, Cooking, Audio, Wirecutter & The Athletic

Business Standard Epaper

  • Digital replica of our daily newspaper — with options to read, save, and share

Curated Newsletters

  • Insights on markets, finance, politics, tech, and more delivered to your inbox

Market Analysis & Investment Insights

  • In-depth market analysis & insights with access to The Smart Investor

Archives

  • Repository of articles and publications dating back to 1997

Ad-free Reading

  • Uninterrupted reading experience with no advertisements

Seamless Access Across All Devices

  • Access Business Standard across devices — mobile, tablet, or PC, via web or app

More From This Section

First Published: May 17 2018 | 4:48 PM IST

Next Story