V-Guard Industries standalone net profit declines 29.48% in the March 2018 quarter

Sales rise 7.89% to Rs 658.61 crore

Net profit of V-Guard Industries declined 29.48% to Rs 27.58 crore in the quarter ended March 2018 as against Rs 39.11 crore during the previous quarter ended March 2017. Sales rose 7.89% to Rs 658.61 crore in the quarter ended March 2018 as against Rs 610.44 crore during the previous quarter ended March 2017.

For the full year,net profit declined 7.97% to Rs 133.09 crore in the year ended March 2018 as against Rs 144.62 crore during the previous year ended March 2017. Sales rose 10.84% to Rs 2311.74 crore in the year ended March 2018 as against Rs 2085.64 crore during the previous year ended March 2017.

ParticularsQuarter EndedYear EndedMar. 2018Mar. 2017% Var.Mar. 2018Mar. 2017% Var.Sales658.61610.44 8 2311.742085.64 11 OPM %5.759.31 -8.0910.00 - PBDT40.8959.54 -31 196.39219.98 -11 PBT35.7755.34 -35 177.28203.74 -13 NP27.5839.11 -29 133.09144.62 -8

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