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Coastal Corporation reports consolidated net profit of Rs 6.49 crore in the March 2018 quarter

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Capital Market

Sales rise 74.28% to Rs 126.28 crore

Net profit of Coastal Corporation reported to Rs 6.49 crore in the quarter ended March 2018 as against net loss of Rs 0.66 crore during the previous quarter ended March 2017. Sales rose 74.28% to Rs 126.28 crore in the quarter ended March 2018 as against Rs 72.46 crore during the previous quarter ended March 2017.

For the full year,net profit rose 146.29% to Rs 23.89 crore in the year ended March 2018 as against Rs 9.70 crore during the previous year ended March 2017. Sales rose 25.48% to Rs 613.65 crore in the year ended March 2018 as against Rs 489.06 crore during the previous year ended March 2017.

 
ParticularsQuarter EndedYear EndedMar. 2018Mar. 2017% Var.Mar. 2018Mar. 2017% Var.Sales126.2872.46 74 613.65489.06 25 OPM %9.60-11.08 -7.725.56 - PBDT11.532.42 376 40.8821.00 95 PBT10.751.42 657 37.7718.04 109 NP6.49-0.66 LP 23.899.70 146

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First Published: Jun 18 2018 | 4:48 PM IST

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