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Paul Merchants standalone net profit declines 98.56% in the March 2019 quarter

Capital Market 

Sales decline 20.31% to Rs 960.33 crore

Net profit of declined 98.56% to Rs 2.87 crore in the quarter ended March 2019 as against Rs 199.53 crore during the previous quarter ended March 2018. Sales declined 20.31% to Rs 960.33 crore in the quarter ended March 2019 as against Rs 1205.12 crore during the previous quarter ended March 2018.

For the full year,net profit declined 92.94% to Rs 15.05 crore in the year ended March 2019 as against Rs 213.09 crore during the previous year ended March 2018. Sales rose 7.93% to Rs 4898.96 crore in the year ended March 2019 as against Rs 4539.16 crore during the previous year ended March 2018.

ParticularsQuarter EndedYear EndedMar. 2019Mar. 2018% Var.Mar. 2019Mar. 2018% Var.Sales960.331205.12 -20 4898.964539.16 8 OPM %-0.020.14 -0.110.31 - PBDT2.46202.72 -99 17.55222.47 -92 PBT1.56201.92 -99 14.29219.14 -93 NP2.87199.53 -99 15.05213.09 -93

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

First Published: Tue, May 14 2019. 17:30 IST
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