Hariyana Ship Breakers standalone net profit declines 42.54% in the March 2018 quarter

Sales decline 48.53% to Rs 38.95 crore

Net profit of Hariyana Ship Breakers declined 42.54% to Rs 4.66 crore in the quarter ended March 2018 as against Rs 8.11 crore during the previous quarter ended March 2017. Sales declined 48.53% to Rs 38.95 crore in the quarter ended March 2018 as against Rs 75.68 crore during the previous quarter ended March 2017.

For the full year,net profit rose 4.70% to Rs 9.81 crore in the year ended March 2018 as against Rs 9.37 crore during the previous year ended March 2017. Sales declined 43.31% to Rs 156.15 crore in the year ended March 2018 as against Rs 275.45 crore during the previous year ended March 2017.

 

ParticularsQuarter EndedYear EndedMar. 2018Mar. 2017% Var.Mar. 2018Mar. 2017% Var.Sales38.9575.68 -49 156.15275.45 -43 OPM %-18.33-5.30 --4.02-4.01 - PBDT2.4810.41 -76 10.7014.36 -25 PBT2.379.96 -76 10.2512.34 -17 NP4.668.11 -43 9.819.37 5

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