Solitaire Machine Tools standalone net profit declines 47.06% in the March 2018 quarter

Sales decline 33.98% to Rs 4.80 crore

Net profit of Solitaire Machine Tools declined 47.06% to Rs 0.45 crore in the quarter ended March 2018 as against Rs 0.85 crore during the previous quarter ended March 2017. Sales declined 33.98% to Rs 4.80 crore in the quarter ended March 2018 as against Rs 7.27 crore during the previous quarter ended March 2017.

For the full year,net profit declined 0.52% to Rs 1.91 crore in the year ended March 2018 as against Rs 1.92 crore during the previous year ended March 2017. Sales declined 10.80% to Rs 16.36 crore in the year ended March 2018 as against Rs 18.34 crore during the previous year ended March 2017.

ParticularsQuarter EndedYear EndedMar. 2018Mar. 2017% Var.Mar. 2018Mar. 2017% Var.Sales4.807.27 -34 16.3618.34 -11 OPM %14.1720.91 -18.4019.19 - PBDT0.781.67 -53 3.393.82 -11 PBT0.551.47 -63 2.483.06 -19 NP0.450.85 -47 1.911.92 -1

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