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Madhucon Projects standalone net profit declines 21.43% in the March 2017 quarter

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Capital Market

Sales decline 10.83% to Rs 223.70 crore

Net profit of Madhucon Projects declined 21.43% to Rs 4.51 crore in the quarter ended March 2017 as against Rs 5.74 crore during the previous quarter ended March 2016. Sales declined 10.83% to Rs 223.70 crore in the quarter ended March 2017 as against Rs 250.86 crore during the previous quarter ended March 2016.

For the full year,net profit declined 30.04% to Rs 15.65 crore in the year ended March 2017 as against Rs 22.37 crore during the previous year ended March 2016. Sales declined 3.44% to Rs 693.07 crore in the year ended March 2017 as against Rs 717.78 crore during the previous year ended March 2016.

 
ParticularsQuarter EndedYear EndedMar. 2017Mar. 2016% Var.Mar. 2017Mar. 2016% Var.Sales223.70250.86 -11 693.07717.78 -3 OPM %17.388.57 -19.5820.57 - PBDT17.4913.22 32 54.7463.04 -13 PBT11.568.23 40 29.6030.76 -4 NP4.515.74 -21 15.6522.37 -30

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First Published: Jun 06 2017 | 4:02 PM IST

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