Dredging Corporation of India standalone net profit rises 357.49% in the March 2018 quarter

Sales rise 17.39% to Rs 152.76 crore

Net profit of Dredging Corporation of India rose 357.49% to Rs 17.11 crore in the quarter ended March 2018 as against Rs 3.74 crore during the previous quarter ended March 2017. Sales rose 17.39% to Rs 152.76 crore in the quarter ended March 2018 as against Rs 130.13 crore during the previous quarter ended March 2017.

For the full year,net profit rose 131.31% to Rs 17.14 crore in the year ended March 2018 as against Rs 7.41 crore during the previous year ended March 2017. Sales rose 1.02% to Rs 591.87 crore in the year ended March 2018 as against Rs 585.87 crore during the previous year ended March 2017.

 

ParticularsQuarter EndedYear EndedMar. 2018Mar. 2017% Var.Mar. 2018Mar. 2017% Var.Sales152.76130.13 17 591.87585.87 1 OPM %25.5428.03 -22.8019.97 - PBDT49.2637.98 30 134.95111.88 21 PBT20.095.79 247 21.7712.28 77 NP17.113.74 357 17.147.41 131

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