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Ador Welding standalone net profit declines 21.29% in the March 2019 quarter

Capital Market 

Sales rise 3.31% to Rs 150.01 crore

Net profit of declined 21.29% to Rs 7.43 crore in the quarter ended March 2019 as against Rs 9.44 crore during the previous quarter ended March 2018. Sales rose 3.31% to Rs 150.01 crore in the quarter ended March 2019 as against Rs 145.20 crore during the previous quarter ended March 2018.

For the full year,net profit rose 28.50% to Rs 23.85 crore in the year ended March 2019 as against Rs 18.56 crore during the previous year ended March 2018. Sales rose 11.89% to Rs 512.15 crore in the year ended March 2019 as against Rs 457.74 crore during the previous year ended March 2018.

ParticularsQuarter EndedYear EndedMar. 2019Mar. 2018% Var.Mar. 2019Mar. 2018% Var.Sales150.01145.20 3 512.15457.74 12 OPM %9.1111.47 -8.407.41 - PBDT12.7516.93 -25 44.3838.33 16 PBT10.2114.57 -30 34.7828.25 23 NP7.439.44 -21 23.8518.56 29

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(This story has not been edited by Business Standard staff and is auto-generated from a syndicated feed.)

First Published: Fri, May 17 2019. 16:30 IST
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