Tide Water Oil Co (I) standalone net profit declines 17.60% in the March 2018 quarter

Sales rise 16.16% to Rs 298.12 crore

Net profit of Tide Water Oil Co (I) declined 17.60% to Rs 28.32 crore in the quarter ended March 2018 as against Rs 34.37 crore during the previous quarter ended March 2017. Sales rose 16.16% to Rs 298.12 crore in the quarter ended March 2018 as against Rs 256.65 crore during the previous quarter ended March 2017.

For the full year,net profit declined 5.83% to Rs 96.93 crore in the year ended March 2018 as against Rs 102.93 crore during the previous year ended March 2017. Sales rose 11.75% to Rs 1074.49 crore in the year ended March 2018 as against Rs 961.50 crore during the previous year ended March 2017.

ParticularsQuarter EndedYear EndedMar. 2018Mar. 2017% Var.Mar. 2018Mar. 2017% Var.Sales298.12256.65 16 1074.49961.50 12 OPM %13.9016.38 -11.6613.65 - PBDT47.4848.67 -2 154.17158.40 -3 PBT45.5846.81 -3 146.55151.03 -3 NP28.3234.37 -18 96.93102.93 -6

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