Texmo Pipes & Products reports standalone net profit of Rs 0.26 crore in the March 2018 quarter

Sales decline 19.83% to Rs 61.54 crore

Net profit of Texmo Pipes & Products reported to Rs 0.26 crore in the quarter ended March 2018 as against net loss of Rs 0.58 crore during the previous quarter ended March 2017. Sales declined 19.83% to Rs 61.54 crore in the quarter ended March 2018 as against Rs 76.76 crore during the previous quarter ended March 2017.

For the full year,net profit reported to Rs 0.28 crore in the year ended March 2018 as against net loss of Rs 1.12 crore during the previous year ended March 2017. Sales declined 5.62% to Rs 245.48 crore in the year ended March 2018 as against Rs 260.09 crore during the previous year ended March 2017.

ParticularsQuarter EndedYear EndedMar. 2018Mar. 2017% Var.Mar. 2018Mar. 2017% Var.Sales61.5476.76 -20 245.48260.09 -6 OPM %2.424.39 -4.885.77 - PBDT0.942.61 -64 6.667.16 -7 PBT0.910.86 6 1.350.51 165 NP0.26-0.58 LP 0.28-1.12 LP

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