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Nandan Denim standalone net profit declines 97.60% in the March 2018 quarter

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Capital Market

Sales rise 1.25% to Rs 386.84 crore

Net profit of Nandan Denim declined 97.60% to Rs 0.77 crore in the quarter ended March 2018 as against Rs 32.13 crore during the previous quarter ended March 2017. Sales rose 1.25% to Rs 386.84 crore in the quarter ended March 2018 as against Rs 382.06 crore during the previous quarter ended March 2017.

For the full year,net profit declined 35.59% to Rs 46.73 crore in the year ended March 2018 as against Rs 72.55 crore during the previous year ended March 2017. Sales rose 30.20% to Rs 1588.92 crore in the year ended March 2018 as against Rs 1220.41 crore during the previous year ended March 2017.

 
ParticularsQuarter EndedYear EndedMar. 2018Mar. 2017% Var.Mar. 2018Mar. 2017% Var.Sales386.84382.06 1 1588.921220.41 30 OPM %10.6815.26 -14.2115.31 - PBDT38.2765.28 -41 181.77171.81 6 PBT6.3429.71 -79 61.2185.46 -28 NP0.7732.13 -98 46.7372.55 -36

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First Published: May 28 2018 | 6:20 PM IST

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