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Dredging Corporation of India standalone net profit rises 549.33% in the March 2019 quarter

Capital Market 

Sales rise 56.11% to Rs 238.47 crore

Net profit of Dredging Corporation of India rose 549.33% to Rs 111.10 crore in the quarter ended March 2019 as against Rs 17.11 crore during the previous quarter ended March 2018. Sales rose 56.11% to Rs 238.47 crore in the quarter ended March 2019 as against Rs 152.76 crore during the previous quarter ended March 2018.

For the full year,net profit rose 160.15% to Rs 44.59 crore in the year ended March 2019 as against Rs 17.14 crore during the previous year ended March 2018. Sales rose 16.87% to Rs 691.74 crore in the year ended March 2019 as against Rs 591.87 crore during the previous year ended March 2018.

ParticularsQuarter EndedYear EndedMar. 2019Mar. 2018% Var.Mar. 2019Mar. 2018% Var.Sales238.47152.76 56 691.74591.87 17 OPM %61.2325.54 -24.7522.80 - PBDT140.2749.26 185 160.43134.95 19 PBT111.5820.09 455 47.5221.77 118 NP111.1017.11 549 44.5917.14 160

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

First Published: Sat, June 01 2019. 17:55 IST
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